国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

USEUROPEAFRICAASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Finance

Gold loses sheen, but still a safe bet

By WU YIYAO in Shanghai | China Daily | Updated: 2013-04-22 03:25

Sun Taoxian, a 45-year-old physician in Shanghai, said she puts about 10 percent of her savings in gold bars. She rents a safety deposit box to store them.

Sun said she is one of many middle-class investors who have tried a large variety of wealth management products since the early 1990s — trading in the stock market, buying and selling foreign exchange, investing in trusts and funds, but she has found gold is the most stable and "safe".

Over the past decade, people have been eyeing high-yield products and hoping to become rich overnight, seeing assets doubling or tripling in a couple of months through speculation on the stock market or gaining a 20 percent yield in trading foreign exchange, but after all these years, investors are getting smart and mature and want slower but safer returns, said Sun.

"If you look at the return on gold investment over a 10-year-term, you'll find that it's actually very good, double that of many fixed-income products," said Sun.

Xue, the analyst with Jinhengfeng, said one reason for the falling price of gold in the global market is the shift of funds from the precious metal to the recovering stock market in the US and reduced concerns about the economic situation as the macro picture improves.

The hedging value of gold may be weakened in the short term but its long-term value for hedging risk is inherent, said Xue.

Continued innovation in the range of gold investment products available across a range of countries including gold accumulation plans in China confirms the healthy appetite for gold among investors, said Yang Yijun, chief analyst with Wellxin.com, a precious metals consultancy.

Gold exchange-traded funds, likely to be introduced this year, could further push up demand for gold reserves in China, said Yang.

Although currently there is no official timetable for gold exchange-traded funds in China, authorities have been making efforts to bring the gold investment market closer to the global gold market.

Yang Fei, an analyst at Seewonder Financial in Shanghai, said investors are also increasingly interested in gold-backed financial derivatives.

"It takes more experience, knowledge and guts to deal in gold-backed funds and, interestingly, more investors are working hard to expand their vision for investment in gold," said Yang.

 

Previous Page 1 2 3 4 Next Page

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
栾城县| 商洛市| 读书| 阳泉市| 桃园市| 盈江县| 英德市| 晋江市| 绥芬河市| 承德市| 赫章县| 垦利县| 娄烦县| 思南县| 连江县| 武功县| 铅山县| 教育| 襄樊市| 山东| 沾化县| 昌吉市| 金乡县| 阿荣旗| 枣阳市| 青河县| 奉化市| 凌云县| 尉犁县| 潜山县| 封开县| 北京市| 霍山县| 永顺县| 兰州市| 长治县| 武义县| 南雄市| 易门县| 民乐县| 西盟|