2 thoughts on “wineonion jewelry wholesale Why does the US dollar rising gold will decline”
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wholesale jewelry miami 20th street 1. Why does the dollar rising gold fall? The most commodity materials in the world trade are denominated in the US dollar, and gold is no exception. If the US dollar rises, it means that the US dollar appreciation is appreciated, gold has a value preservation attribute, and its internal metal value will not change due to the rise and fall of the US dollar. But after the appreciation of the US dollar, because gold is also priced in the US dollar, the number of gold in the US dollar can increase the amount of gold, so the price of gold has fallen. Conversely, if the dollar depreciates, there will be fewer golds that can be bought in the US dollar, and the price of gold will rise relatively. 2, US dollar gold may also rise and fall Gold prices are affected by many factors. In addition to the US dollar, it also includes supply and demand relationships, reserves, investment, speculation, politics, finance, war, risk aversion, and so on. Therefore, the dollar rising gold is not bound to fall, and vice versa. This reminder: The above content is for reference only. The response time: 2021-08-12, please refer to the official website of Ping An Bank. [Ping An Bank I know] Want to know more? Come and see "Ping An Bank, I know" ~ B.pingan/Paim/Iknow/Index
wholesale bronze jewelry Because gold is denominated in the US dollar, the US dollar and gold are both risk aversion. When the US dollar rises, the golden avoidance attributes of gold will decrease. Therefore
wholesale jewelry miami 20th street 1. Why does the dollar rising gold fall?
The most commodity materials in the world trade are denominated in the US dollar, and gold is no exception. If the US dollar rises, it means that the US dollar appreciation is appreciated, gold has a value preservation attribute, and its internal metal value will not change due to the rise and fall of the US dollar.
But after the appreciation of the US dollar, because gold is also priced in the US dollar, the number of gold in the US dollar can increase the amount of gold, so the price of gold has fallen.
Conversely, if the dollar depreciates, there will be fewer golds that can be bought in the US dollar, and the price of gold will rise relatively.
2, US dollar gold may also rise and fall
Gold prices are affected by many factors. In addition to the US dollar, it also includes supply and demand relationships, reserves, investment, speculation, politics, finance, war, risk aversion, and so on. Therefore, the dollar rising gold is not bound to fall, and vice versa.
This reminder: The above content is for reference only.
The response time: 2021-08-12, please refer to the official website of Ping An Bank.
[Ping An Bank I know] Want to know more? Come and see "Ping An Bank, I know" ~
B.pingan/Paim/Iknow/Index
wholesale bronze jewelry Because gold is denominated in the US dollar, the US dollar and gold are both risk aversion. When the US dollar rises, the golden avoidance attributes of gold will decrease. Therefore