Gold Market Trends - Where To Buy Gold In Canada.

Gold Market Trends

gold market trends

    market trends
  • A page on Sedo’s website that provides a retrospective of past sales and an archive of quarterly Domain Market Studies.

  • Patterns in the marketplace that are dictated by consumer behaviour. For example, the German market travels to South Africa in our summer months.

  • A market trend is a putative tendency of a financial market to move in a particular direction over time. These trends are classified as secular trends for long time frames, primary trends for medium time frames, and secondary trends lasting short times.

  • An alloy of this

  • A deep lustrous yellow or yellow-brown color

  • amber: a deep yellow color; "an amber light illuminated the room"; "he admired the gold of her hair"

  • A yellow precious metal, the chemical element of atomic number 79, valued esp. for use in jewelry and decoration, and to guarantee the value of currencies

  • made from or covered with gold; "gold coins"; "the gold dome of the Capitol"; "the golden calf"; "gilded icons"

  • coins made of gold



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? ??????????2010??????????????????????????????2.02???,?????83.3%?????????? ???????????????????28.61???,?????88.1%,?????????8???????????????????,??? ????????????
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?????????????,?????????,???????????????,??????,??????200????????,???????6??????1500??/??? Chinese rush to buy gold as security against inflation

Wild inflation in China and political struggle in northern Africa have prompted more and more people to stockpile gold as a form of safe haven. According to a Swiss Bank report, Chinese people are following these global trends and rushing to buy gold. In the first two months of 2011, over 200 tonnes of gold was purchased by Chinese.

The Chinese gold market is heating up in the wake of global trends. In February, there was a rush to buy gold in major cities throughout the country. Currently, the precious commodity is sold-out in the number one gold producing province of Shandong. Xiao Lei, senior analyst of Shiyuan Gold Company, told reporters the rise in demand for gold is a result of rising raw material costs worldwide. Gold has become a safe haven against rising inflation. He spoke to SOH (recording):
“The prices of raw materials worldwide are on the rise. It’s intensified global inflation. Every country faces the problem of imported inflation. The depreciation of the U.S. dollar has led to price hikes on all dollar-denominated merchandise. And because the dollar is the major reserve currency, whenever there is a problem with it, the public will aim for merchandise to avoid risks. That leads to a sudden increase in the price of merchandise that is in short supply.”
Some analysts believe the turmoil in the Middle East and northern Africa has made investors nervous about their portfolios, so many have turned to purchasing large quantities of gold. The price of oil has also been on the rise, contributing to inflation. During inflation, precious metals such as gold are favoured by investors because the value is preserved. Xiao Lei told SOH (recording):
“But in the long run, in 3 to 5 years, what kind of merchandise can resist depreciation of the U.S. dollar? It will be commodities with a longer production life than its supply, such as gold, where we could hardly see its production grow in the short span of 1 to 2 years. Therefore, people are relying on gold to as their nest eggs.”

The Shanghai Bureau of Statistics recently published its ‘Shanghai Economic and Social Statistics 2010’. It reveals the Shanghai Gold Exchange reported trading worth 2.02 trillion Yuan (that’s 334 billion US dollars) an increase of 83.3% over the previous year. Total trade on diamonds through the Shanghai Diamond Exchange totalled $2.86 billion US dollars, an increase of 88.1% over the previous year. Both recorded staggering increases of over 80%.

It's been more than a decade and a half since my father last step foot into any one of my aunt or uncles' homes. And throughout all this time, it had become expected that he wouldn't show up for any weddings, birthdays, parties, or gatherings which involve his in-laws. Though they ask anyway, "Why didn't your father come?" We always say, "He's busy." His name never left the invitations.

Tonight, after Thanksgiving dinner, we drove to Roseville to visit my Uncle Gary. Frankly though, we only went because Judy and Victor had planned to spend the next few days and nights with her cousins and she needed my parents to drive her there. Feeling the familial Thanksgiving feeling, my father asked me to go too and I went along willingly.

"Come on, you came all the way here? Why won't you go in?" my mother pleaded in the car.
"But Long is here and Long can go in for me," my father said, "Why is he the oldest son?"
"Don't be ridiculous," she said.
I sat in the very back row of the van with my headphones on and didn't say anything.

We pulled up to the sidewalk and got out. My dad took the van down the street. "What's he doing?" Victor said. We were standing on my uncle's driveway watching the tailights travel down the block.

"What are you doing? Just don't care about him. They've opened the front door already," my mother said.
"Come on, let's go," I said. I was disappointed considering how much I thought he had improved since attending my grandmother's funeral.

We walked into the doorway and began to take off our shoes while exchanging "Happy Thanksgivings" and other pleasantries. Uncle Gary put on his sandals and walked out the door towards where my dad had parked. I'd be lying to say that I wasn't nervous. Would he refuse to come inside even though my Uncle was standing right in front of him? When it comes to him, I always tend to think the worst.

Thankfully, it didn't happen that way and Uncle Gary walked in with my father who was even smiling. It was strained but at least he was trying.

Everyone in the house look very tired. I guessed that they had all eaten too much. They had the same gaze as someone who slept too late and woke up too early.

I went upstairs to spend time with the kids. Victor had brought Gears of War 2 for Randy and Stephen. They started playing it when I suddenly remembered something. "Can I see the first controller?" I said. I went into the game settings and turned the "adult language" option to off. "No! Leave the gore! Leave the gore on," they said. I thought about it and left it.

When mother called me downstairs so that we could leave, my father was his usual talkative self, talking about the stock market and housing trends and other things. His know-it-all attitude was in full view and it was something that I had grown up. My mind said "Arrggh," and silently thanked my mom for her good timing.

It makes me feel good to see my dad get along with his in-laws (my uncles and aunts). It's something that I grew up without seeing. I also wish that it didn't take my grandmother's passing away for him to start opening up to them. Sometimes, I want to say this out loud, to his face, but I don't think I should nor do I think I ever will.

It's an improvement and that's all I could ever hope from this stubborn old man.

gold market trends

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