|
If historical experience holds true, then the end of this financial crisis, gold and oil price ratio relations are likely to continue to decline. Determine the policy implications of this is that if gold fell, while oil prices fell faster; if the gold price rise, the faster rise in oil prices. See more exciting information Why oil prices rise to restore the explosive trend?? From gold and Oil The parity relations see the future direction of oil prices If historical experience holds true, then this Financial After the crisis, relations between gold and oil price ratio is likely to continue downward trend. Determine the policy implications of this is that if gold fell, while oil prices fell faster; if the gold price rise, the faster rise in oil prices. As the world's major economies to save the economy into a lot of liquidity to the market, the dollar depreciation trend of flooding and very clear, which means that the latter judge, that the rise in gold prices is more likely to rise faster. International oil prices from February of more than 30 U.S. dollars last week, soaring to nearly 70 million U.S. dollars. In May, the international price of oil close to 30%, as in March 1999 the biggest monthly rise since. Thus, future trends on oil prices, but also a wide range of speculation. I would try from another angle?? Relationship between gold and oil price ratio to be a brief on the future of oil prices. Gold and oil transactions in dollars, is an important international market for commodities. View from the historical data, fluctuations in gold and oil prices to determine the existence of a number of non-proportional relationship between the positive linkage. In general, the financial crisis period, the market is expected to decrease in demand, oil prices are lower, and because gold has a natural hedge and the hedge value-added features, people are more reliable gold, gold prices were relatively more firm oil prices. 1971 years ago, gold and U.S. dollars to maintain a fixed exchange rate relationship between basic. In 1971, the U.S. dollar and gold decoupling, non-monetary gold. Long period from a historical perspective, from 1900 to 2007, relations between gold and oil price ratio fluctuations in the 6.73 to 36.08, the highest and lowest price ratio difference 5.36 times the average price ratio was 20.39, which from 1971 to 2007 compared to 16.24 average 1986. January 2009 monthly parity relationship between the fluctuations in the 6.64 to 30.11, the highest and lowest price ratio difference of 4.54 times the average price ratio of 16. Volatility from a specific point of view, from 1971 to 1973, gold prices soared, rising faster than oil prices rise, parity increases. From 1973 to 1974 the first oil crisis, the price ratio fell, gold, oil prices are rising, due to the oil embargo, oil prices rose more than three times during this period, rose to 11.58 U.S. dollars from 3.29, rising faster than gold price of gold rose to 158.96 U.S. dollars from 97.84, up 1.6 times. From 1975 to 1985, gold and oil prices through twists and turns, the two parity oscillation. In the 1985-1988 period of low oil prices, parity increased substantially. From 1988 to 1990, gold price falls, oil prices, compare price down. From 1990 to 1998, gold and oil prices more consistent, the overall maintenance of parity shock. From 1998 to 2000, while gold and oil prices fell, gold prices fell substantially greater parity decreased. From 2000 to 2008, gold and oil prices more consistent, parity relations between the fluctuations in the 7 to 14, especially after 2003, gold and oil prices have spikes. June 2008, the international oil price collapse, but gold is relatively strong, relationship between gold and oil price ratio rose rapidly from 6.64 to 20.60 in January 2009 of. Therefore, the Great Depression and the current financial crisis parity relations show that during the financial crisis, gold and oil price ratio relationship exhibits an increasing trend, which determine the basic set up. The global financial crisis broke out began in July 2008, the international market, gold and oil prices show big difference at that time, gold is extremely strong, oil prices continue to fall. One of the reasons why there are four: first, the dollar depreciation since 2001, violent people more confidence in gold's safe-haven in the previous financial crisis is no different. Secondly, in recent years to achieve the restoration of the gold standard and the re-discussion of monetary gold more and more people to some extent affected the investment options. I am an expert from promotionalgifts-supplier.com, while we provides the quality product, such as Plastic Household Products Manufacturer , China Touch Screen Tablet Notebook, Customized Promotional Gifts,and more.
Related Articles -
Plastic Household Products Manufacturer, China Touch Screen Tablet Notebook,
|
