IMF’s Suggestion on Gold
According to the United States has "World News" reported that the International Monetary Fund (IMF) public auction 191 tons of gold news, gold futures crashed on Wall Street fluctuations. However, the U.S. stores in Southern California Chinese capital said that the current retail price of gold fell unaffected; On the contrary, since last year rising gold prices, which caused many Chinese, "the more the more expensive to buy," "52 gold worn on the neck, including pandora jewelry is not an individual, "while the Lunar New Year buying gold during the high tide has kept many Chinese merchants wreathed in smiles.”Buy gold in times of trouble," is a deep-rooted concept of Chinese people. Los Angeles, Jade Jincheng Li Xinghua Li Xinghua, president, said late last year began to buy 24K gold Chinese barefoot more than a few people to buy a large quantity. Li Xinghua San Gabriel, Walnut, Arcadia and Irvine with four branches, "buy 2, 321 gold necklace found everywhere."
In recent years, the world price of gold continued to remain above 1000 U.S. dollars per ounce, and was once ascribed to 1,300 Yuan per ounce last week, about 1,120 Yuan. Gold may be high, but the continuous depreciation of the dollar and other major bank interest rate cuts compared to a more and more people believe that holders of gold deposits in more than preservation. 1 percent of them said that she would be his last year, over half a century ago, a dowry to the goldsmith refining gold valuation, the results of her very satisfied, "It's like a long marriage can be bald lover." Many Chinese-owned jewelry goldsmiths who are conductive to some world-renowned brand like pandora said that although the two consecutive years of operating bleak jewelry, traditional gold ornaments but narrow road rebirth. Especially during the Chinese New Year period, from the most traditional dragon and phoenix gold bracelets, carved gold necklaces, wedding rings and other gold ornaments to the 24K gold decorations, Fuxing transit pure gold pendants, 12 Zodiac gold ornaments including something like pandora jewellery, sales are among the best in recent years. "One a hedge against inflation, and second, instead of turning to" Masaoki Jewelery boss Lee Ellen said that their New Year's Day San Gabriel store, two days of crowd in the crowd, buying gold ornaments were particularly large number of Lunar New Year, many people have not only buy it for themselves, but also give as gifts when the gifts, many people believe that gold will change the chance. "
