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Gold Prices Plummeted &Nbsp; Investors Were "Startling".

2011/10/8 8:56:00 23

Repo Trading Day

The price of gold is continuous in this round.

Plunge

Some investors who are keen on gold investment, especially those who have been in high demand for a long time, are like a cold water.

Some investors are worried that the price of gold will go down sharply.



Mrs. Ho, who works in the education system, last month, at the price of $1900 / ounce of international gold price, because he heard that the gold price would soon break $2000 / ounce, he spent more than 8 yuan to buy two gold bars of 100 grams of gold.

She said that such a bungee style crash is far beyond her expectation, and the risk of gold investment is also very large.


However, some investors believe that every substantial return of gold price means the release of risk to some extent. Therefore, taking advantage of the sharp drop in gold prices is the opportunity to invest for a long time.

China Gold Hangzhou Phoenix Road flagship store official told reporters that after today's plunge again, many gold investors are going against the trend, many of which are paid for on kilograms.


Physical gold bars

buy-back

The cold trading has also provided evidence for this.

This afternoon, the reporter contacted Xingye, China Merchants Bank Hangzhou branch and ICBC, ABC Zhejiang branch business department and many other banks that had invested in gold bar repurchase business.

Similarly, feedback from the Bank of China Zhejiang branch shows that today's "paper gold" list has not increased significantly.

Trading day

An increase of 30%.


 
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