about what will happen falling gold prices, experts warned in advance.For a long time, since the last years of the 20th century until 2007, the price of the precious metal has grown steadily.It was directly linked to the growth of the economy as a whole and the favorable situation on the world market.The volume of investments grew, the industrial and construction sector evolved.The prices of natural resources, including gold price had a clear positive vector.The slowdown in prices for the precious metal has become the first symptom of an impending crisis.Although many of the participants of the world market did not notice.
After the financial crisis, a slight drop in gold prices has stopped, and it was followed by a sharp increase.In this context, it should be noted that the precious metal is currencies, commodities and the investee.Such complex property makes it a special subject, the ratio of which is varied.When the financial crisis of 2008, many shareholders were quick to get rid of them and used the money to buy gold.Such a precipitous demand for this resource is, of course, spawned an avalanche increase in the price.But the fact of owning gold bullion has no income.It is a form of saving life values.
A life values are quite familiar and necessary in daily use items.To go by car, it is necessary to refuel.At the gas station, you can pay only in cash, a "piece" of gold as payment will not be accepted here.For this simple reason we come back, they say, to make the metal on the market.Because of this there is another drop in the price of gold.As with all processes in nature and economy, the price of any resources varies within wide limits.This was not tired experts say, however, the trend change always happens unexpectedly.
China's booming economy requires different resources.Oil, wood, ferrous and nonferrous metals come here from different regions of the globe.Not an exception and precious metals.The price of gold, like any other commodity, are added, based on market conditions.As you know, the electronics industry is the largest consumer of the precious metal.In order for electronic devices - computers, phones, tablets - were available wide range of consumers, they must have an adequate cost.This means that you need to acquire the necessary resources at the lowest price.
other words, the fall of the gold price received full approval from the manufacturers of electronic equipment.It is likely that this process will lead to lower prices for computers.To this we must add that the traditional consumer of the precious metal is the jewelry industry.Manufacturing jewelry at all times require the source of high quality material.Jewels are in demand in any economic situation.Thus, we can assume that the current decline in gold prices is a temporary phenomenon.In the near future there will come a time when this process will begin to flow in the opposite direction.
