Several major factors affecting the price of gold:

Global economic forms, monetary policy, geopolitical risks, inflation expectations, supply and demand, stock market performance, interest rate level, technical analysis. In addition to the geopolitical risks, the eight major factors can clearly know that the gold will rise due to the risk aversion function. The rest must be analyzed to judge the rise or decline.

From mid -September to early October, the price of gold once fell to $ 1810. The decline in international gold prices led to a decline in solid gold prices. Gold shops purchase gold, gold bars, etc.

And on October 7, a normal Saturday, hundreds of rockets shot from the Gaza belt to Israel, and Israel sounded the air defense alarm in many places. Its military organizations fired rockets and shells to launch rockets and shells in the Sabaa Farm occupied by Israel. The Israeli government also stated that more than a hundred hostages were held into the Gaza Strip.

The conflict between Israel-Palestine, which occurred on the weekend, caused international gold prices to open the market and open a high of 1849 as soon as it opened on October 9. It was 18 US dollars high from the previous market price, and there was no replenishment gap. The conflict between Israel-Palestine has continued to increase, which has continued for two weeks. On Friday (October 20), the international gold price was from the lowest 1810 yuan in September to the highest 1997 US dollars at present, and the price of solid gold has broken 600 yuan/one gram.

However, the buying and selling of solid gold is often accompanied by a large investment cost, and it is troublesome to sell. It can only be sold at a low level at a low level. At this time, Israel-Palestine will not be resolved in the short term. Gold buying and selling can only be watched. Spot gold can be bought and declined according to fluctuations, and can even wait for the gap in high -opening. Loch leverage trading will reduce your cost, but the profit will increase. Investment in spot gold is the best choice.

We will continue to pay attention to the situation in Israel-Palestine.