CME recently announced that the speculative margin requirements for new COMEX100 gold futures positions will be increased from US$6,075 per contract to US$7,425, and the maintenance margin requirements for existing positions will be increased from US$4,500 per contract to US$5,500. The adjustment will take effect after the market closes on Thursday. As soon as this news came out, it immediately triggerPrecious metal buyered the profit settlement of gold investors and dragged down the rapid fall in gold prices.
In October 2010, Bai Zhao began to write a post on the Tianya forum, "Silver Speculation Diary", which recorded his investment in silver, which attracted the attention of nearly 200,000 netizens. Various silver investors left comments or sent private messages to learn from. . For a time, Bai Zhao became an Internet celebrity.
Buffett said that a few decades ago, the price of gold per ounce was almost the same as Berkshire's stock price, but now, the price of gold is still far behind Berkshire's A-share stock price. He hinted that there may be some kind of bubble in gold prices. Buffett said that buying any assets that cannot be used for production can only be a gambling, and buyers always expect someone to pay a higher price to take the order.
Since the end of September last year, the international gold price has skyrocketed from around US$1,300/ounce to US$1779/ounce, an increase of nearly 37%. From this point of view, the success of gold-linked capital-guaranteed investment products with a yield to maturity of 0.36% is already a certainty. Fan Jie, a researcher at Puyi Wealth, said.
TD Securities (TDSecurities) said: commodity prices are unlikely to usher in the rise, unless the European Central Bank (ECB) issuance of currency or similar other measures to ensure that the European debt crisis does not continue to spread. Similarly, before the situation in Europe becomes clear, the price of gold will not usher in a strong rebound.
The report pointed out that from 1995 to 2014, rPrecious metal buyerecycled gold accounted for about one-third of the total global gold supply on average. This average level fails to fully reflect the active and sensitive characteristics of the recycled gold market. An analysis of recycled gold data from 1982 to 2012 shows that about 75% of the total recycled gold changes are caused by fluctuations in gold prices, and economic shocks can increase the total recycled gold by as much as 20%.
The geopolitical crisis has a greater impact on gold prices. Generally speaking, major political and war events in the world will affect the price of gold, especially the war in the Middle East, because the rise in crude oil has a greater impact on the price of gold. Events such as the Middle East War, the Islamic Revolution in Iran, and the Iraq War in history have all pushed the price of gold to rise sharply in certain periods.
ESM will have 700 billion euros of subscribed capital, of which 80 billion euros will be paid-in capital, and 620 billion euros will be paid on notice. The maximum loan amount for ESM is 500 billion euros. As the first batch of 32 billion euros of equity capital will be put in place this month, this will enable ESM to immediately obtain approximately 200 billion euros of financing capacity; the remaining equity capital will be in place twice in the first half of 2014, when the institution’s The borrowing capacity will reach the upper limit of 500 billion euros.