National Day Gold Is Pretty &Nbsp, Sales Longer Than Three.

During the interview, the reporters found that consumers, whether buying gold ornaments or gold bars, had the mentality of "gold can keep value".

Because of the holidays, there are more customers who choose to buy jewelry. Many customers come to ask about the price of gold.

In the meantime, when gold prices fell, some people thought it was a good time to buy gold, so they began to buy gold and wait for appreciation.

The day before yesterday, a small gold shop in Ouhai district was going to buy some.

Miss Chen, who lives in the small South Gate, has only 400 yuan a gram of gold ornaments in the small gold shop downstairs at home. "At the beginning of last month, the price of gold and manual labor would be sold for 450 yuan a gram, and now it is 50 yuan cheaper."

Since September 6th, the international price of gold has fallen by 20.1% to $1535.3 an ounce (around 315 yuan per gram) after hitting $1922.6 an ounce (about 395 yuan per ounce). After that, although it has rebounded, it has been hovering near the 1645 US dollar (about 338 yuan per gram).

This is undoubtedly one of the best reasons for consumers to buy gold on national day.

In addition to consumption, investors are also numerous.

According to the head of Wenzhou branch of Hengtai chase, many people came to buy gold and sold hundreds of thousands or millions of dollars.

"Because the sharp drop of gold, the magnitude and the time is short, some investors may think that this is an opportunity.

We have sold out all the gold that we bought before.

But judging from the gold futures market, gold prices are still far higher than the US $1320 per ounce (about 271 yuan per year) in the same period last year.

Now it is hard to predict whether the panic buying will be worthwhile. The salesmen of several gold shops interviewed by reporters dare not be optimistic about the price of gold.

Some analysts pointed out that although the domestic market was closed during the "eleven" period, after the international gold market entered the October, the fluctuation market remained unchanged, and the intra day volatility tended to exceed US $40. The trend is still uncertain.

At present, investors' concerns about the euro and the liquidity shocks suffered by European banks after repeated downgrades will greatly support the continued strength of the US dollar and repeat the subprime crisis when the dollar is not weak and strong. This makes the main tone of the recent gold price downward, and consumers or investors should not blindly "copy the bottom".

However, Dick Poon, a precious metals business manager in Hongkong, Heraeus, said, "there are many bargain taking in the real market.

Although speculators are busy clearing positions in the futures market, we do not see real sales.

The strong buying of gold in Asia could support gold's popularity, he said.

In addition, the data released by the International Monetary Fund (IMF) in September 28th also showed that many emerging central banks, including Russia, Thailand and Bolivia, were increasing their holdings of gold.

Analysts believe that developing economies keen to diversify outside the traditional reserve currencies may be a good thing for gold prices to rise, at least in reducing the space for gold to fall.