Know when is the best time to buy gold.

Glad to answer this question! Here you have to understand the safe-haven nature of gold. )

According to official website Investment Encyclopedia, a precious metal trader in Guijinbao, buying gold is the most cost-effective way.

1, war (one cannon shot, 12 thousand gold, extremely low occurrence index)

2. Geopolitics (where there are disputes, the safe-haven function of gold is distributed and the index is universal)

3. Demand is tight (when demand exceeds supply, the price of gold will rise and the index will be low)

4. Currency depreciation (in the case of RMB depreciation, many investors will hold gold, silver and US dollars, which is common).

5. Economic environment (poor economic environment, rising gold, good economic environment, calm gold and less occurrence index)

6. American policy (it is necessary to invest in gold and pay attention to the United States. It is common for the Federal Reserve to raise interest rates to make the dollar rise and gold fall.

7. Buy at the bottom (when the price of gold falls to a certain extent, many investors will buy at the bottom, which is very common).

Welcome to add and correct, I hope I can help you!