International gold prices in 2015 are still in the downlink channel. January stage rally is only short-lived, on the 22nd of the month intraday 1308.71 US dollars an ounce, gold has become London’s highest point this year. Since then, the price of gold to regain the decline, has retreated into December after $ 1,050 mark, now basically maintained at between $ 1,050 to $ 1,100 per ounce. International gold prices fell for three consecutive years into a few facts.
Fed to tighten monetary policy, especially in the final rate hike is expected to be fulfilled, it is one of the main factors about the international replica Van Cleef and Arpels jewelry
gold price. Enter 2015, a number of Fed officials said it would raise interest rates during the year, but from January to November, yet practical action on the international gold market is expected to raise interest rates by the bearish sentiment triggered become the dominant factor, the dollar-denominated For this reason the price of gold continued under downward pressure.
Global order to keep inflation low levels pale gold. Gold is a weapon to fight high inflation, but this store of value in the world’s major economies, most remain significantly Van Cleef Arpels jewelry replicas
weakened in the context of low inflation. Organisation for Economic Co-operation and Development (OECD) data show December 2, members of the organization in October inflation rate was only 1.7%, even excluding energy and food prices variables month inflation rate of only 1.8%. In addition, the Group of Twenty (G20) 10 month inflation rate of only 2.5%.
In addition, the world economic slowdown weighed on global consumer demand for physical gold is reflected in the market price of gold also contributed to further decline.
Under the influence of the above factors, the replica Cartier jewelry
international price of gold in the last two months of this year to accelerate downward, hitting its lowest level in six years.
However, entering 2015, geopolitical risks has improved significantly, the dispute between Russia and Ukraine is still in the frozen period, the Middle East because of “Islamic State” and utter confusion, Thailand, France and other places have suffered terrorist attacks, these factors on the price of gold is formed strong support.
To 2016, the above factors will continue to influence the market prices, the international gold price could fall below $ 1,000 an ounce mark. It is reported that Goldman Sachs, the international gold prices next year will fall to $ 1,000 / ounce below. Citigroup believes that the international price of gold will continue to weaken next year, but will not fall sharply, the average price of gold is expected next year at $ 995 per ounce. Singapore’s “Lianhe Zaobao” quoted the French bank Societe Generale head of global asset best replica Cartier jewelry allocation can tie Peter’s words, gold will become a victim of the Fed raising interest rates, as the US economy continues to turn for the better, the price of gold in 2016 will fall to $ 955.
JP Morgan, Societe Generale and ABN Amro also expects the international price of gold is difficult to hold the $ 1,000 mark, the annual average price will fall further than the 2015, ABN AMRO and even determine the replica Cartier love jewelry
fourth quarter of 2016, the gold price could be as low $ 800 level.
Analysts also noted that the international price of gold bottomed in 2016, the second half of the period or rearward turnaround. Some analysts pointed out that the future of the international price of gold has three supporting factors, one physical gold production costs have been difficult to compress, the second is the global demand for gold will also stabilized, the third is uncertainty continues to plague the world economy, will attract investment hedging who returned to the embrace of gold.
World Gold Council noted that, overall, the global gold market remained relatively tight supply situation is expected mine output growth may be flat, and decline within the next few years. Standard Chartered Bank expects international gold prices hit bottom in 2015, the first quarter of 2016 will rebound next year, the average price of $ 1,130 per ounce. Citigroup noted that the international price of gold will be realized in 2017 to pick up, reaching an average of $ 1025 / oz and $ 1,200 back in 2018.