Gold price shocks gold and silver market rose

● Gold and silver coins are worth much more than gold and silver due to their own subject matter and circulation. ● After gold and silver coins become old and thin varieties, they will gradually fall out of the impact of gold and silver prices. ● The current market for gold and silver coins is at a low point. Investors According to their own psychological price, they can shoot a continuous wave of international gold prices for nearly a month. They staged a roller coaster market and hit a new high of 1923.7 U.S. dollars per ounce. They oscillated to a weaker level and fell below 1,800 U.S. dollars per ounce on Monday. In spite of this, the gold and silver coin market remains stable, and new products are being favored. The prices of old and rare varieties are still tough. Panda gold coins are all the way up. At present, the price of a set of panda gold coins is already at a high of 26,000 yuan.

The new gold and silver coins have been honoured to commemorate the 100th anniversary of the Xinhai era. The People's Bank of China is scheduled to issue a set of commemorative coins of Xin Jinyin on September 30, 2011. The set of commemorative coins totaled 2, including 1 gold coin and 1 silver coin, both of which are legal currency of the People's Republic of China.

The back of the 1/4 ounce gold commemorative coin is the portrait of Sun Yat-sen, with the words "100th Anniversary of Xinhai **", the words "1911-2011", the denomination of 100 yuan, and the maximum circulation of 100,000 pieces. The back of the 1 ounce silver commemorative coin is a relief of the “Wuchang Uprising” and features the words “100th Anniversary of the Xinhai Revolution”, the words “1911-2011” and the denomination of RMB 10, with a maximum circulation of 160,000 pieces.

"This commemorative coin has a good theme. Although it has a large circulation, it has a profound mass base. When the announcement is issued, the consultation telephone will not be cut off." Li, owner of the Chengdu Collectibles Market, told reporters that the current Xin Hai ** commemorative coin Although it has not yet arrived, it has already begun to accept reservations. The booking price is around 6,000 yuan, and the estimated price will increase after arrival.

Old and rare breeds hold high, “The rise and fall of gold and silver prices have a certain impact on the gold and silver market, but it is not large. If the price of gold and silver rises, then the price of gold and silver will certainly rise, but the price of gold and silver will not fall. Will definitely pull down the price of gold and silver coins. Of course, artificial speculation is another matter." Senior gold and silver currency investor Mr. Wang said that gold and silver coins because of their own themes and circulation, the value is much greater than gold and silver prices.

When a gold and silver coin is digested and precipitated by the market, it becomes a so-called old refined product. It will gradually leave the gold and silver prices and will not be affected. When investing in gold and silver bars and gold and silver jewellery under the influence of gold and silver prices to lower prices, the commemorative things will not be reduced, and they will be the most sideways.

"In the gold and silver coin market, only the panda gold coins follow the gold price, but once it rises with the price of gold, it will be very difficult." Mr. Wang told reporters that panda coins will be issued every year. Generally, investors who try to invest gold and silver coins for the first time will choose Panda Gold. silver. Due to soaring gold prices this year, a set of panda gold coins is still about 17,000 yuan in the first half, has now risen to about 26,000 yuan.

Investment in gold and silver coins bogey malicious speculation "gold and silver coins investment taboo malicious speculation, maliciously high prices are unfavorable to everyone." Insiders said that the new opening is very high, once fell, investors will look to wait and see.

The gold and silver coins of the "Heaven and Earth" historical building group in Dengfeng issued last month are the third group of commemorative coins of the World Heritage Series. Since the first group and the second group have been issued since the issuance, the market has been leading other currencies, and the third group is The price at the beginning of the issuance was gradually raised to over 10,000 yuan. At present, the price of the third group has been adjusted to more than 7,000 yuan, and it is estimated that it will stop at around 6,500 yuan.

The 100th anniversary of Tsinghua University's founding of gold and silver coins was also due to the rapid rise of the previous period. The current price is about 11,000 yuan.

The gold and silver coins of the Yungang Grottoes, as the end of Chinese grottoes art, are examples of low rises and high rises, and have been on a steady rise. From the beginning of the release of a few thousand dollars to the current 28,000 yuan, 2 ounces of silver coins are also above 4000 yuan.

Regarding the future trend of the gold and silver coin market, industry insiders said that although the situation this year is different from previous years, the previous gold and silver coin market should start to go upward in September and fall this year, but gold and silver are still bullish. Coupled with changes in people's investment awareness and ideas, the market will gradually go up.

Analysis of the industry, compared to the situation in the past few months, the current gold and silver market is at a low point, investors can be appropriate according to their own psychological price, buy in batches.