1 thought on “Does the gold be depreciated?”

  1. It is possible to depreciate. For example, 1 gram of gold was closed 30 years ago, 70 yuan, one gram of gold was 210 yuan today. On the surface, your gold has not depreciated, and the value of value has been tripled. In fact, the price of most items in the past 30 years has increased by 10 times. The price of gold has tripled. Although it can be said to have increased gold price, inflation is even more powerful.
    This expansion information:
    Gold is a single -quality form of chemical element gold AU. It is a soft, golden, and precious metal. Gold is one of the rare, precious and extremely valued metals. Internationally, gold is generally based on ounces. In ancient China, "two" was used as a gold unit, and it was a very important metal. It is not only a special currency for reserves and investment, but also an important material for the jewelry, electronics, modern communications, aerospace and air industry and other departments. As a precious metal, gold has good physical characteristics. "Real gold is not afraid of fire" is that the chemical stability of gold is very high. It is not easy to chemically react with other substances. You don't have to worry about oxidation and discoloration. Even in the melting state, it will not be oxidized and discolored. The density is strong and the feel is heavy. Good toughness and ductility, good guidance. Pure gold has gorgeous yellow, but after incorporating other metals, the color changes greatly. For example, gold and copper alloy are dark red, and the silver alloy is light yellow or gray -white. Jin Yi was grinded into powder, which is why Jin is scattered in nature. Pure gold jewelry is also easily worn and reduced. Gold Futures is also known as "Gold Futures Contract".
    The futures contract with gold as a transaction object. Like ordinary futures contracts, gold futures contracts also include transaction units, quality levels, periods, final maturity days, quotation methods, delivery methods, minimum price changes, daily price changes. Gold futures contracts can generally be divided into two specifications according to the metering unit. Take the Chicago Grain Exchange as an example. Gold futures with a purity of 99.5%. The most basic part of the gold market is that the suppliers are mainly gold ore and gold smelting enterprises, and the demanders are mainly gold product manufacturers and jewelry dealers. Gold reserves are also the formulation and implementation agency of monetary policy, and it is an important force affecting the gold market. When the central bank needs to increase the gold reserves, it is an important demand party in the gold market. When the central bank wants to reduce the gold reserve, it is an important supplier in the gold market.

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