Chifukwa Chake China Ndiye Ogula Golide Kwambiri Padziko Lonse

Zogulitsa Zodzikongoletsera:

Golide amatenga gawo lalikulu pa zikondwerero zachikhalidwe ku China, ndipo nthawi zambiri amakhala ndi mphatso paukwati ndi kubadwa, pomwe kugulitsa golide wokongoletsera kumakweranso pa Chaka Chatsopano cha Lunar ndi Sabata Lagolide mu Okutobala. Panthawi yomwe malonda a zodzikongoletsera za golide ali osasunthika kapena akutsika m'misika yambiri, adakwera ndi 3 peresenti ku China mu 2018 mpaka kufika pazaka zitatu za ma ounces 23.7 miliyoni omwe amawerengera 30 peresenti ya dziko lonse lapansi.

malinga ndi World Gold Council

(WGC). Kuchulukirachulukira kwachuma kwa anthu aku China omwe akukula pakati akuyembekezeredwa kupitiliza kuthandizira izi mtsogolo.

Industrials:

China ikupitilizabe kukhala ogula kwambiri golide wogwiritsidwa ntchito m'mafakitale, makamaka pamagetsi ogula kwambiri, magalimoto amagetsi, ma LED ndi ma board ozungulira osindikizidwa. Anati,

mikangano yamalonda ya U.S.-China

zathandiza kuti chiwerengero cha anthu chichepe m'derali chifukwa mafakitale ena achotsedwa ku China. Gawo la LED lakhala lovuta kwambiri, ndipo mitengo yamitengo imayikidwa pamagetsi opitilira 30. Ziwerengero za WGC zikuwonetsa kugwiritsidwa ntchito kwa golide pazolinga zamafakitale kudatsika ndi 9.6% pachaka ku China mgawo lachinayi la 2018.

Zogula za Banki Yapakati:

Pomwe kufunikira kwa golide kwa mafakitale kukuchepa, kugula kwa banki yayikulu yaku China kukukulirakulira, ndi People's Bank of China (PBoC)

kuwonjezera nkhokwe zake zagolide

mu December 2018 kwa nthawi yoyamba kuyambira October 2016. Idagula ma ola 351,000 achitsulo chachikasu m'mwezi wa Disembala, ndikutsatiridwa ndi ma ounces 1.16 miliyoni mgawo loyamba la 2019, malinga ndi WGC. PBoC idangokhala ndi 2.4 peresenti yokha ya $ 3.1 thililiyoni yosungidwa mu golide kumapeto kwa 2018. Ena akuganiza kuti atha kuwoneka kuti awonjezere nkhokwe zake kuti zifanane kwambiri ndi mabanki ena apakati. Mwachitsanzo, U.S. Federal Reserve imagwira 74 peresenti ya nkhokwe zake mu golide, pomwe

Bundesbank yaku Germany ili ndi 70 peresenti

. Ngati PBoC ipitiliza kugula golide pamlingo uwu, ikhoza kukhala wogula golide wamkulu kwambiri padziko lonse lapansi mu 2019.

Ogulitsa Ogulitsa:

Chinthu chinanso chofunika kwambiri cha golide ku China chimachokera kwa osunga ndalama. Ziwerengero za WGC zikuwonetsa kuti ogulitsa malonda adagula ma ola 10.7 miliyoni a golide ndi ndalama mu 2018 kumbuyo kwachuma chomwe chikuyenda pang'onopang'ono, kufooketsa renminbi (RMB), kusakhazikika kwa msika wamasheya komanso kusamvana komwe kukupitilira ku US-China. Pomwe kusatsimikizika kwachuma padziko lonse lapansi kukupitilirabe, izi zikuwoneka kuti zipitilira mu 2019.

Pamodzi ndi madalaivala awa, golidi akupitirizabe kugwira ntchito yofunikira ngati malo otetezeka achitetezo pakusintha kwachuma. Mtengo wa golide wagunda

utali wa masabata anayi

ya $1,319.55/oz kumapeto kwa Marichi, motsogozedwa ndi nkhawa zakugwa kwachuma padziko lonse lapansi, monga U.S. Economy inawonetsa zizindikiro za kufooka.

Kusatsimikizika kwachuma chifukwa cha zinthu zingapo kuphatikiza Brexit, the

Mikangano yazamalonda ku U.S.-China

komanso kuchepa kwa kukula kwapadziko lonse lapansi, kumabweretsanso kusakhazikika kwa msika wa equity. Golide mwamwambo amakhala ndi mgwirizano wochepa komanso nthawi zina wolakwika ndi magulu ena azinthu, zomwe zimawonjezera kukopa kwake munyengo yamakono. Chitsulocho chimakhalanso chokongola ngati hedge ya ndalama. RMB yataya gawo limodzi mwa magawo atatu a mtengo wake motsutsana ndi golidi kuyambira Juni 2007. Ngati mphamvu ya U.S. dola ikutsika potengera chiwongola dzanja chochepa chomwe chikuyembekezeka, RMB idzatsata kutsika chifukwa cha ndalama zake, ndikuwonjezera kukopa kwa golide.

Njira ina kwa osunga ndalama omwe akufuna kuwonekera kwa golide ndikuyika ndalama zamtsogolo zagolide. Tsogolo la golide limapereka zabwino zomwezo za golide wakuthupi potengera kusiyanasiyana kwamitundu, popanda osunga ndalama kuti atenge chitsulocho kapena kunyamula mtengo wosunga. Zimathandiziranso kuti osunga ndalama azilimbana ndi kusakhazikika kwamitengo yamtsogolo, chifukwa mtengo wa golide ukhoza kukhudzidwa kwambiri ndi zochitika zandale ndi zachuma.

Msika wamtsogolo wa golide nthawi zambiri umakhala wamadzimadzi kuposa msika wagolide weniweni. Mwachitsanzo, ma ounces okwana 9.28 biliyoni amtsogolo ndi zosankha za COMEX Gold adagulitsidwa mu 2018, 12 peresenti kuposa mu 2017, zomwe zikufanana ndi ma ounces pafupifupi 37 miliyoni omwe amagulitsidwa tsiku lililonse.

Palinso kusinthasintha kwa kukula kwa makontrakitala omwe amagulitsa golide wamtsogolo, kuyambira ma ola 10 okha, mpaka ma ounces 100, zomwe zimathandiza osunga ndalama kuti agwirizane ndi madongosolo awo owongolera zoopsa. Ku CME Group, ndi tsogolo lathu la Golide ndi voliyumu ya zosankha zomwe zikupitilira gawo limodzi mwa magawo atatu a voliyumu yapadziko lonse lapansi yomwe idagulitsidwa panthawi yamalonda yaku Asia (Beijing 8 a.m. mpaka 8 koloko masana), osunga ndalama amathanso kutsimikiziridwa za ndalama zakuya pamakontrakitala awo pankhani yowongolera zoopsa pa tsiku lawo lamalonda.

Yolembedwa ndi Sachin Patel

Phunzirani Zambiri

za zida zamalonda ndi zothandizira zamtsogolo zagolide.

(Nkhaniyi idathandizidwa ndikupangidwa ndi CME Group, yomwe ili ndi udindo pazolemba zake.)