International Gold Price is Turbulent, Tungsten Gold Plated Products are Welcomed

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Since the beginning of 2016, the international gold price is turbulent; so many gold investors were frustrated. Recently, the international oil price has been under great pressure, stock market trading is also very weak, which makes the gold, which has a strong hedging value,

be welcomed by many people, then also become one of the best performing commodities this year. As it can be seen in the current situation, gold seems to be this year's hottest commodities.

Due to the special relationship between gold and the dollar, the main factors affect the price of gold are still the Fed's monetary policy and the tendency of dollar. But according to the Fed minutes held in March this year, there is a significant difference between the two factions about whether to raise interest rates in April. It makes people, become worried about the future trend of gold price.

Many people are holding a more pessimistic attitude on the future price of gold, Goldman Sachs Group also boasted to investors: short gold. And reason why they tell investors to short gold is that they think the Fed is bound to raise interest rates in a node in this year, which will drag down the gold price. But as for the investors, whether to short gold or not, it mainly depends on the judgments and estimates of the market economy by their own.

For collectors of gold products, investing the gold to profit is not the ultimate goal. Thus many collectors expressed that they are not interested in such a turbulent gold, they are more interested in the” gold alternatives," the tungsten gold-plated products, which also makes the  collecting enthusiasm of tungsten gold plated products is very high recent years. Tungsten gold plated products are renowned for its beautiful, cost-effective, durable characteristics comparable to gold and welcomed by the people. In addition, although it does not have the hedging value and hedging functions like gold, but no matter from which side it seems, can be a great alternative choice for gold. So for the collectors, they can use of a lower price to buy tungsten gold plated products as collections, which are as fine as gold, and can be saved permanently without decay and deformation. It won’t cause the huge economic losses due to gold loss, damage, theft and other problems. Thus, if only for the purpose of collection and commemoration, selecting the high cost-effective tungsten gold-plated products obviously is much more secure than selecting of gold products.

tungsten gold plated bar

 

 

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