Usd and gold prices 2 opposite faces

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The gold prices is increasing continuously recently and according to some report of HSBC if the gold prices still hold on over 1.340 USD/oz, it is surely that the price will reach the peak of 2.000USD/oz. The world gold price has witnessed a high rise from the end of July, this has pulled the domestic gold price rise accordingly. According to Dr Dinh The Hien, the information of increasing inflation in the last months of the year, there is high possibility that the Vietnam Dong will depreciate so this has made the investors switch into storing US Dollar and gold. This is the reason that make these two markets busy than ever. M.A Nguyen Khac Quoc Bao has a different point of view. ....

For a professional investment, VIPC capital Management Company provides a various fields of investment that bring out the best performance. For a reliable investment, VIPC with high skill workforce will help to minimize the possible risks in the market.

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Usd and gold prices 2 opposite faces

  1. 1. GOLD PRICES DANCING The gold prices is increasing continuously recently and according to some report of HSBC if the gold prices still hold on over 1.340 USD/oz, it is surely that the price will reach the peak of 2.000USD/oz. The world gold price has witnessed a high rise from the end of July, this has pulled the domestic gold price rise accordingly. According to Dr Dinh The Hien, the information of increasing inflation in the last months of the year, there is high possibility that the Vietnam Dong will depreciate so this has made the investors switch into storing US Dollar and gold. This is the reason that make these two markets busy than ever. M.A Nguyen Khac Quoc Bao has a different point of view. He analyzed that there are a high change that the Federal Reserve System (FED) will go on with quantitative easing policy (the last decision will be made in November 3th). One more important factor that helps to push the gold price the future is the effect of China currency- the CNY. It is estimated that China Government will continuous make the CNY appreciate to reduce the pressure from the USA by internalizing the CNY and gradually switching the property in US dollar into other currencies by buying bonds, Japan and EU shares. Once these factors happened, the US dollar will strongly depreciate and world gold price will break new records. In the last week, the Vietnam government bank has officially provide quota to import more gold for 10 gold businesses with 100kg to300kg per. The purpose is to stabilize the domestic gold price. Indeed, the price of gold decreased, however the speculators also make use of this action to push the USD in the free market increase. However, via the basic analysis, when a central bank of a nation allow to freely import gold, it will support the increase of domestic gold price which has already happened in China and India. All of these factors make it very risky to invest in gold market in this period and investor should take this into account when they want either speculate or invest. Other more secure sources might be better in this time while waiting for the next happenings of the gold market. For a professional investment, VIPC capital Management Company provides a various fields of investment that bring out the best performance. For a reliable investment, VIPC with high skill workforce will help to minimize the possible risks in the market.

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