Investors believe that the worst of the gold market is under, the gold price could fall to $ 1,100 an ounce

"October" period, the international price of gold, "stumble constantly," the 3rd New York gold futures dropped 1.8 percent, fell to $ 1200 per ounce mark, the greatest 56-month low last year, Chinese gold rush crazy aunt still deepset 20% .

Impacted by this, the domestic gold jewelry, investment in gold bullion costs also tumbled. Gold jewelry than gold shop in Chengdu, investment in gold bullion costs per g fall in 10- some gold jewelery, 20 yuan has fallen below 300 yuan per gram. Nevertheless, in comparison to preceding years, Aunt mad Tiffany & co jewelry replica rush gold hot scenes this year, consumers have performed relatively calm.

Chinese Aunt still use 20%

The gold price fell 28% for the worst performance in more than 30 years, last year, the international price of gold dropped in April, China Aunt crazy grab gold famous, they wrestle with the capital predators is hugely magnified. Since then, the gold again in April 12, 2013 and April 15 experienced a shock dive directly from $ 1550 / oz, dropping to $ 1321 / oz, resulting in "Chinese Mom" is stuck.

First two quarters of this year, the international gold Tiffany & co jewelry price fluctuations in the upstream, has risen more than 10%, the notion that China is expected to get out of trouble aunt, but after entering in July, the international price of gold would have been in the doldrums, and have fallen below the key support level in October 3 Daily 1192.90 US dollars an ounce, since December 23, 2013, the first gold futures prices fell below $ 1,200 an ounce. Chinese want to get out of trouble frustrated aunt, the aunt who still deep cover about 20%.

Investors believe the worst of the gold market is under, the gold price could fall further ounce. an to $ 1,100

It truly is reported that this week, gold prices fell by 1.9% so far this year gold prices have fallen 1.1%. Some analysts believe that, due to lower inflation expectations, a stronger dollar, gold Tiffany and co necklace has lost its appeal and by raising the value of the current strong impetus, gold costs can not be seen.

Chengdu 20 yuan per gram price

But this year's Golden Week, Chengdu gold marketplace would be to break this "practice" not only no hot sales, but also the price down a lot. Yesterday, in Chengdu Chunxi Road shopping district, several gold store launched the National Day promotions, Chow Sang Sang, love jewelry and other gold store gold jewelry cost per g remained at around $ 300, compared with a few days past were down 10 yuan per g; old Phoenix thousands vca bracelet of gold, although the listing price of 308 yuan / g, but also for the festive promotions per gram cost 20 yuan. Additionally, thousands of gold price of gold Chengdu main shop in China has been reduced to 261 yuan / gram, dropped back to "2" age.

Although gold prices fell, but gold jewelry is bought by consumers are a lot of motive. Sales staff, said:. "Gold jewelry consumption '11' period, are to buy a brand new wedding accessories based"

Insiders said that nearly all present investors, gold should be a variety of asset allocation, aimed at resolving the investment risk secure yield on the portfolio, investor portfolio.