The international gold price reached a new high.Kolkata Wealth Management
On April 2nd, Da Smart VIP data showed that the spot golden day rose 0.61%within one time, refreshing the record high to $ 2266.68/ounce, and refreshed historical highs in three consecutive trading days.Ahmedabad Stock
In terms of the market, on April 1, the COMEX Gold Futures set hit a record high in the marketMumbai Stock Exchange. After touching the $ 2280/ounce high, it continued to rise on April 2.As of press time, COMEX’s gold price has risen above $ 2281/ounce.In March, COMEX Gold Futures increased by 9.74%.
At the same time, domestic gold prices have also been constantly "soaring" in the near future, showing "one price a day".
In terms of spot, as of the close of April 2, the price of Mumbai Gold Exchange "Mumbai Gold" continued to rise.Among them, the AU99.99 contract closed at 533.8 yuan/gram; AU99.95 contracts received 531 yuan/gram; the AU100G contract received 534.88 yuan/gram.
In terms of domestic market, the main contract of Shanghai Golden Contract AU2406 has appeared "ten consecutive rises" from March 20 to the present.
According to Wind data, from March 20th to April 2nd, nearly ten trading days of Shanghai Gold Rats increased by 0.02%, 2.02%, 0.34%, 0.32%, 0.03%, 0.37%, 0.67%, 2.56%, 1.6999, 1.6999, 1.6999, 1.69.69.6999.%And 0.45%.
In addition, the price of jewelry gold is constantly rising, and it is currently approaching the 700 yuan/gram integer mark.
According to data from the Mumbai Gold Jewelry Industry Association, on April 2, in terms of the price of foot gold, Lao Fengxiang reported 691 yuan/gram, the old temple newspaper was 692 yuan/gram, the Indian Gold News 688 yuan/gram, and 693 yuan/gram of Chow Tai Fook.
Regarding the continuous rise in gold prices, analysts believe that it is mainly due to the recent announcement of the slowdown of US economic indicators, the US banking crisis concerns to re -ignition, and the continuous geopolitical conflict, etc., and stimulate the needs of short -term risk aversion.At the same time, the market has strengthened interest rate cuts in the Fed year to promote the short -term rebound of gold prices.
Dongzhi Futures pointed out that although many Federal Reserve officials delivered speeches and there were some differences in the future rate cuts in the future, market interest rate cuts were not much changed.Surat Stock
Zhu Jinyu, deputy general manager of the Quantitan Investment Department of the CCB Fund, and Jianxin Mencius Gold ETF and the manager of the connection fund, said that the US economic toughness is strong, but it is suppressed by the fiscal retreat and high interest rate environment. The employment market and inflation have gradually cooled down.Although there is no significant catalytic at the macro level in the near future, the Fed is about to start the direction of interest rate cuts. As the Fed’s interest rate cut approaches, the technology surface of gold has exceeded new highs, and the market is generally viewed by gold.
With the continuous rise in gold prices, gold assets are also favored, and prices have also risen all the way.On the one hand, the gold ETF net value that tracks the domestic gold spot trend has reached a record high.On the other hand, the recent performance of gold stocks is also good.Agra Stock
Next, can the trend of gold prices be maintained?How to invest in gold assets?
Zhu Jinyu believes that as the demand for gold has pushed up the price of gold prices, the demand for physical gold consumption is strong, and in the context of the continuous overdrawn of the US dollar credit, gold has also been favored by central banks from various countries.Overall, the probability of continuing to surge in gold prices.
Open source securities also pointed out that looking forward to the future, considering the continuous increase in the US interest rate reduction cycle, global liquidity increase, central banks have increased gold reserves and other factors, and gold prices still have strong support in the middle and long term.
"At the same time, for the golden jewelry industry, although the price of gold prices has risen in the short term or causes observation emotions, the ups and downsized trends are expected to significantly drive the overall prosperity.Sexual opportunities are worthy of attention.
In terms of configuration, open source securities suggest that investors, according to the benefits of the gold jewelry brand, focus on recommending investors to pay attention to Chahongji (002345), Lao Fengxiang (600612), Zhou Dasheng (002867), Indian Gold (600916), etc.
However, Dongzhi Futures reminds investors that the short -term gold price trend is shocking, and the risk of chasing high is relatively large. Investors can configure multiple ideas in the middle and long periods. It is recommended to wait for the opportunity to buy back.
Mumbai Wealth Management
