Kungani iChina Ingumthengi Wegolide Omkhulu Kunabo Bonke Emhlabeni

Ubucwebe Ukuthengisa:

Igolide lidlala indima eqinile emigubhweni yendabuko e-China, futhi ngokuvamile linesiphiwo emishadweni nasekuzalweni, kuyilapho ukuthengiswa kwegolide lokuhlobisa nakho kukhula ngoNyaka Omusha Wenyanga naphakathi Neviki Legolide ngo-Okthoba. Ngesikhathi lapho ukuthengiswa kobucwebe begolide kumile noma kwehla ezimakethe eziningi, kukhuphuke ngamaphesenti ama-3 eShayina ngo-2018 ukuze kufinyelele eminyakeni emithathu ephezulu yama-ounces ayizigidi ezingama-23.7 okwenza amaphesenti angama-30 engqikithi yomhlaba,

ngokusho koMkhandlu Wegolide Womhlaba

(WGC). Umcebo okhulayo wesigaba esiphakathi esikhulayo saseChina kulindeleke ukuthi uqhubeke nokusekela lo mkhuba ukuya phambili.

Izimboni:

I-China iphinde iqhubeke nokuba umthengi obalulekile wegolide elizosetshenziswa ezimbonini, ikakhulukazi kuma-electronics abathengi abasezingeni eliphezulu, izimoto zikagesi, ama-LED namabhodi esekethe aphrintiwe. Lokho kusho,

ukungezwani kwezohwebo kwe-U.S.-China

zibe negalelo ekwehliseni isibalo sezidingo kule ndawo njengoba okunye ukukhiqizwa kwezimboni kukhishiwe eChina. Umkhakha we-LED uthinteke kakhulu, amanani entengo abekwe kwizicelo zokukhanyisa ezingaphezu kuka-30. Izibalo ze-WGC zikhombisa ukusetshenziswa kwegolide ngezinjongo zezimboni kwehle ngamaphesenti angama-9.6 unyaka nonyaka eChina ngekota yesine yowezi-2018.

Ukuthenga kweBhange Elikhulu:

Njengoba isidingo sezimboni segolide sincipha, ukuthengwa kwebhange elikhulu lase-China kuyenyuka, ne-People's Bank of China (PBoC)

ukwandisa izinqolobane zayo zegolide

ngoZibandlela wezi-2018 ngokokuqala ngqa kusukela ngo-Okthoba 2016. Ithenge ama-ounces angu-351,000 ensimbi ephuzi ngoDisemba, yalandelwa amanye ama-ounces ayizigidi ezingu-1.16 ngekota yokuqala ka-2019, ngokusho kwe-WGC. I-PBoC ibambe amaphesenti angama-2.4 nje emali egciniwe ye-forex engu-$3.1 trillion ngegolide ekupheleni kuka-2018. Abanye bacabanga ukuthi ingase ibukeke izokwandisa izimali zayo ezigciniwe ukuze ifane kakhulu namazinga aphethwe amanye amabhange amakhulu. Ngokwesibonelo, i-U.S. I-Federal Reserve iphethe amaphesenti angama-74 ezindawo zokugcina igolide, kuyilapho

I-Bundesbank yaseJalimane iphethe amaphesenti angama-70

. Uma i-PBoC iqhubeka nokuthenga igolide ngaleli zinga, ingaba umthengi wegolide webhange elikhulu kunawo wonke emhlabeni ngo-2019.

Abatshalizimali Bezitolo:

Omunye umthombo omkhulu wesidingo segolide eChina uvela kubatshalizimali. Izibalo ze-WGC zikhombisa ukuthi abatshalizimali abadayisayo bathenge ama-ounces ayizigidi eziyi-10.7 zamagalo nezinhlamvu zemali zegolide ngo-2018 ngemuva komnotho ontengantengayo, okwenza buthaka i-renminbi (RMB), ukuntengantenga kwezimakethe zamasheya kanye nokungezwani okuqhubekayo kwe-U.S.-China. Njengoba ukungaqiniseki kwezomnotho emhlabeni kuqhubeka, lo mkhuba ubukeka uzoqhubeka ngo-2019.

Eceleni kwalaba bashayeli, igolide liyaqhubeka nokubamba iqhaza elibalulekile njengendawo yokutshala imali ephephile esimweni somnotho esishintshayo. Intengo yegolide ishayile

ukuphakama kwamasonto amane

ka-$1,319.55/oz ngasekupheleni kuka-March, eqhutshwa ukukhathazeka ngokuwohloka komnotho womhlaba, njengoba i-U.S. umnotho wakhombisa izimpawu zokuntengantenga.

Ukungaqiniseki kwezomnotho ngenxa yezinto eziningi ezihlanganisa i-Brexit, i

Ukungezwani kwezohwebo kwe-U.S.-China

kanye nokunciphisa ukukhula komhlaba wonke, nakho kuholela ekuguquguqukeni kwemakethe yezabelomali. Igolide ngokwesiko linokuxhumana okuphansi futhi kwesinye isikhathi okungekuhle kwezinye izigaba zempahla, okwandisa ukukhanga kwalo esimweni sezulu samanje. Insimbi nayo iyakhanga njengothango lwemali. I-RMB ilahlekelwe ingxenye eyodwa kwezintathu yenani layo uma liqhathaniswa negolide kusukela ngoJuni 2007. Uma amandla e-U.S. idola liyehla ngokusekelwe ekulindelweni kwezinga lenzalo eliphansi, i-RMB izoyilandela iphansi ngenxa yesikhonkwane semali yayo, ikhulise ngokwengeziwe ukukhanga kwegolide.

Enye inketho yabatshalizimali abafuna ukuchayeka egolideni ukutshala imali ekusaseni legolide. Ikusasa legolide linikeza izinzuzo ezifanayo zegolide eliphathekayo ngokuya ngokuhlukahluka kwephothifoliyo, ngaphandle kokuthi abatshalizimali bathathe ukulethwa kwensimbi noma bathwale izindleko zokuyigcina. Futhi zenza abatshalizimali bakwazi ukugoba ukuntengantenga kwentengo yesikhathi esizayo, njengoba intengo yegolide ingasabela kakhulu ezehlakalweni zezombusazwe nezomnotho.

Imakethe yegolide yesikhathi esizayo iwuketshezi oluningi kunemakethe yegolide ebonakalayo. Isibonelo, isamba esingamabhiliyoni angama-9.28 ama-ounces wekusasa nezinketho ze-COMEX Gold athengiswa ngo-2018, amaphesenti angu-12 ngaphezu kwango-2017, okulingana nama-ounces acishe abe yizigidi ezingama-37 athengiswa nsuku zonke.

Kuphinde kube nokuguquguquka kosayizi benkontileka kubatshalizimali abahweba ngekusasa legolide, kusukela kuma-ounces ayi-10 nje kuphela, kuze kufike kuma-ounces ayi-100 okuvumela abatshalizimali ukuthi benze izinkontileka zihambisane nezinhlelo zabo zokulawula ubungozi. Kwa-CME Group, nekusasa lethu leGolide nevolumu yezinketho ezibalwa ngaphezu kwengxenye eyodwa kwezintathu yenani eliphelele lomhlaba wonke elihwetshwe ngamahora okuhweba ase-Asia (Beijing 8 a.m. kuya ku-8 p.m.), abatshalizimali nabo bangaqinisekiswa ngemali ejulile yezinkontileka zabo uma kuziwa ekulawuleni ubungozi phakathi nosuku lwabo lokuhweba.

Ibhalwe nguSachin Patel

Funda Okuningi

mayelana namathuluzi abadayisi kanye nezinsiza zekusasa legolide.

(Le ndatshana ixhaswe futhi yakhiqizwa yi-CME Group, okuyiyona kuphela enesibopho sokuqukethwe kwayo.)