London Gold: Vane of the Gold Market

2024-11-02 1:32:56 金融资讯 要懂汇

London Gold: Vane of the Gold Market

London Gold is one of the most representative indicators in the global gold market, and is regarded as a vane of gold price trend.As the world's largest gold trading center, London has a long history of gold trading and huge trading volume. Therefore, its price fluctuations often reflect the global market's expectations and emotions for factors such as economic situation and geopolitical risks.

London Gold Market Background

As an international trade and financial center, London has played an important role since ancient times.In the early 18th century, with the expansion of the British colonial empire and the industrial revolution sweeping the European continent, the pound gradually became one of the main currencies, and promoted the rapid development of Birmingham and Manchester into industrial cities.The stable currency required by these cities also prompted bankers at that time to establish interconnection and conduct credit lending activities.

Establish a modern trading system

Over time, the Bank of England began to issue paper banknotes in the early 19th century, and established a hook exchange system with physical currency (such as gold).This system has also promoted many merchants and investors to turn their attention to valuables -especially precious and stable value storage items -such as jewelry or hard currency.

Form a modern gold trading system

Against such a background, a series of well -known rich merchants such as "Rothschild Family" and "Barin Ge Family" have begun to get involved in various types of resource mining and control the circulation chain of commodities, and through the huge tin -level secret transport fleet, the warriors will be rated from the warriors.The colonies were returned to the homeland; at the same time they also created a new type of high -efficiency income agency (that is, the "joint -stock company" that we was familiar with later), and then provided financing services through private banks and created personal reputation authority!Then they built the first "white gloves" private equity infrastructure; they even used their own advantageous resource influence to control the price level of agricultural products to obtain huge profits ... This method will undoubtedly have too many adverse effects on the society at that time!But in fact, "only a few success!" The rest failed to achieve the ideal results!But it is those few successful cases that impressed other business investors!As a result, the conceptual ideas at the entire society will give them more learning opportunities to make the right choice ... Although it was too late at the time!Intersection

London Gold: Vane of the Gold Market

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