National Day Promotes Gold
On the eve of national day, international
Gold price
Record three consecutive days, higher yesterday to 1314 U.S. dollars / ounce.
In the golden bull market of 2010, gold was sought after.
Investor
The number of European banks has almost ceased to sell gold, bullion, and volume.
Gold coin
They sell goods, and the major department stores sell gold and buy gold.
Reported that this trend has been rare in the past 20 years.
According to statistics, central banks in Europe have almost completely stopped selling their gold reserves.
In the year of sale as at the end of September, the ECB sold a total of 6.2 tons of gold, down 96% from a year ago.
This is the lowest total annual sales volume since the establishment of the European Central Bank's gold sales agreement.
Buying gold coins has become the most popular activity among European and American residents.
In the UK, the 1 pound gold price, the monthly wholesale price rise, has risen from 2.5% in the middle of this year to about 7% now, while the sales of gold bars in the two to three quarters are almost 3 times that of the same period last year.
In the United States, buffalo gold coins made of pure gold have been sold out many times, and sales of Eagle gold coins have been climbing steadily. This year, the sales record for 11 years has been refreshed three times.
Global investment in gold coins has been booming and enthusiasm for purchase has been rare in the last 20 years.
Buying gold coins is the most popular activity in Europe and America.
In this regard, industry experts said that because of the devaluation of the currency, the financial crisis of double good support for the fundamentals of gold, the high price of gold may not be high.
In addition, nearly 5 years, during the national day of China, international gold prices will always rise.
On 2009, the international gold price broke through the $1000 pass and stood at a position of $1050.
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