8Gold rose 15% in 1980 this year has been the best year performance – Sohu news|Gold rose 15% in 1980 this year has been the best year performance – Sohu news

Gold this year has risen 15% in 1980 to best year performance – Sohu News China economic net Beijing on February 22 hearing (reporter Cai love) gold so far this year has been about 15% rally, recorded since 1980 to best year performance, has become the beginning of the performance the best assets. Gold at the beginning of the year "xiangbobo" the bulls are joyful at the same time, also began to further expand the imagination: have foot deep mud the three-year bear market is a qualitative change, and the gold bull market is in to go for an outing to? This conversion Niuxiong views, the views of the market still big differences. Who achievements of this wave of rose gold? Gold this year beautiful performance, summed up due to three aspects to promote positive. First, the signs of slowing growth in the U.S. economy and the Fed’s performance on the price of gold has played an important role in supporting gold. Fed Chairman Ben Yellen in the Senate Banking Committee to testify, said the Fed’s most reliable policy tool is short-term interest rates, is once again studying negative interest rates, but did not complete the negative interest rate assessment. Yellen more doves position so that the market is expected to increase the Fed’s next point in time will move, may be in the second half, and to the end of the market is generally believed that this year there will be 5 to 3 times the interest rate hike to form a sharp contrast. U.S. dollar index fell after a temporary decline, but also helps to maintain a strong international price of gold in the u.s.. Secondly, since 2016, the global financial markets have been a severe shock, to stimulate the safe haven. This year, the world’s major stock market turmoil, a larger decline. During the Spring Festival, the European bank shares by Deutsche Bank losing performance dragged down sharply, the three major U.S. stock indexes also jointly lower. At the same time, highlighting the yen and gold hedging properties of two investment products is the best performance. Market analysts told China economic net reporter: the market is still not optimistic about the global economic outlook, the global financial market turmoil is also increasing, hedging has become the main tone of this period." In addition, the beginning of the year to usher in the holiday season, the price of gold in kind demand pushed up the price of gold. As the world’s largest consumer of gold, the Spring Festival is often the peak season for China’s gold consumption, in kind to buy gold to provide a certain support. Gold bull market whether to go for an outing to? Gold at the beginning of the year "xiangbobo" performance makes long joyful at the same time, also began to further expand the imagination: have foot deep mud the three-year bear market is a qualitative change, and gold bull market is in Tachun and? The perspective shifts include international firms. The Netherlands Bank in a report released on February 18 wrote that, "our long-term bearish for gold now turned bullish, in the face of our current situation is weaker global growth". Bank of Holland, said the 2016 gold target is $1300 an ounce. But sing the air force can not be ignored. At present, the largest group of singing empty camp is Goldman Sachs undoubtedly. Its analysts wrote in the latest research report: because we still insist on the Fed will raise interest rates further point of view, it is expected within 3 months, the price of gold will fall to 1100 U. s..