EuroPacificPreciousMetals CEO Peter Schiff believes that no matter what measures the Fed takes, iInternational Precious Metal Silsbee, TXt is beneficial to gold. If the quantitative easing policy continues, then inflation will continue and investors will tend to invest in gold, which is a value-preserving asset. But if the Fed ends its quantitative easing policy before the end of the year, the bond market will have a huge impact on the housing market and the macro economy, causing the Fed to take the opposite measures.
Mr. Ding bought silver at 6000 points (ie 6000 yuan/kg). I chose 5 times leverage, which is 20% margin trading. Mr. Ding said that because the US economic data released the day before was not ideal, the dollar index It has also begun to fall. As an example, gold should rebound. So Mr. Ding bought 300 lots at this price (note: each lot is 1000 grams). Unexpectedly, on Friday (April 12) night, the international gold price plummeted and Mr. Ding did not sell in time; after the market opened on Monday, the price of gold continued to plummet, and the silver contract also gapped and opened lower, and fell below 5000 points to 4500 in an instant At this point, there was no time to stop the loss. It fell 22% in two days and was forcibly liquidated. The 450,000 margin was not enough to eat on the spot, and another 9,000 yuan difference was required. The loss was not small, but Mr. Ding was fortunate that he only chose 5x leverage this time, and usually at least 8x magnification. I still feel a little flustered thinking about it.
On the same day, the price of silver futures for September delivery fell 61.1 cents per ounce to close at $38.947 per ounce, a decrease of 1.5%. Platinum futures for delivery in October rose by 11.7 US dollars per ounce to close at 1787.8 US dollars per ounce, an increase of 0.7%.
The price of silver futures for delivery in September rose 19.3 cents to close at $39.307 per ounce, an increase of 0.5%. The platinum futures price for delivery in October rose slightly by 0.5 US dollars per ounce to close at 1797.2 US dollars, an increase of 0.03%.
The gold's rise this time is similar to the previous rise in July, and it is the result of investor risk aversion. Jiang Shu, a senior analyst at the Industrial Bank's capital operations center, said that gold has only one European debt theme this year. Therefore, to analyze the rise and fall of gold prices, we need to focus on the interpretation of the financial level.
But this is only the prelude to the plunInternational Precious Metal Silsbee, TXge. Next, it fell by 5.22% on May 3, 5.24% on May 4, and the decline further expanded to 11.66% on May 5. It was not until May 6 that this decline came to a halt. On that day, London spot silver closed at $35.58 per ounce, an increase of $0.76 per ounce, or 2.18%, from the previous trading day.
When you didn't understand it at first, the agent will guide you, but some agents have very limited skills and don't even set stop loss points. When Xiao Liu thinks about it now, he feels terrified. Shi Yanfeng, general manager of the trading department of the Gold Exchange, pointed out: According to public statistics, the daily fluctuation range of international gold prices is generally between 2% and 3%. That is to say, 100 times the leverage can be forcibly closed by only 1%. Or agreement to close the position. Therefore, investors in underground gold speculation are losing money not because they misjudged the trend of gold prices, but because they were dragged down by infinitely enlarged leverage.
After Standard & Poor's downgrading of the US's AAA rating caused severe turmoil in the financial market, some central banks took active policy actions to restore market confidence, but to no avail. At present, investors are most concerned about whether the Fed will announce the launch of QE3 or make relevant hints at its meeting on Tuesday.