After a wild surge in March, the domestic gold price in April is still singing all the way, setting a new record again after the Qingming Festival.
However, while "cashing in large gold hoarders" is on Weibo's hot search, many people who hold gold are also hesitating: to sell, or not to sell?
In this regard, some netizens bluntly said:
There is no consumption capacity in the countryside, overcapacity, serious involution, it is not easy to sell goods, and the speed of factory production is too fast, so some people buy gold and cash it out quickly.
Now that the price of gold has risen like this, it is really hard for those young people who are going to get engaged and get married, and the three gold and hardware used to be able to be done for 20,000 yuan, but now they have to prepare 50,000 or 60,000 yuan, which is too expensive.
Some netizens shared:
I bought 100g a month ago and now I can earn three or four thousand by taking it back to the bank and recycling it. But it doesn't make much sense, three or four thousand yuan was spent in a few days, and gold is a thing to keep it, and it can be kept.
It is understood that now central banks are also frantically stockpiling gold. According to the data, global central banks bought 39 tons of gold in a single month in January this year, more than twice as much as the previous month, and achieved net gold purchases for the eighth consecutive month. The continued rise in gold prices is related to the intensification of "gold hoarding" by central banks.
How long do you think gold's rally can last?