The Fed's Interest Rate Hike Is Expected To Increase.

According to the data released by the American mint on Tuesday (December 30th), the hedge against gold price weakness in 2014 prevented many buyers of coins. The annual sales of us gold coins dropped by only 40% over the same period last year, the biggest annual decline in 8 years.

Specific data show that this year, Eagle Eagle sales totaled 524 thousand ounces this year, down 39% from 856 thousand and 500 ounces in 2013. In December, gold sales fell by about 70%.

The price of gold is almost flat this year, prompting more investors to turn to the US dollar, stock market and bond market. In addition, the steady recovery of the US economy and the warming of the Fed's rate hike have weakened the investment attraction of gold.

Twelve years of bull market, China's aunt is a witness, but also a participant. When gold prices plummeted in 2013, China's aunt went to the rescue market. Despite the fact that the bottom was covered, the demand for physical gold remained normal.

According to the latest data from the world gold association, global gold demand in the third quarter of 2014 was 929.3 tons, a slight decrease compared with the previous quarter and the same period in 2013. Among them, jewelry consumption demand in the two quarter of relatively low data in the three quarter slightly warmer, but compared with the same period last year, there is still a 4% decline.

Judging from the demand for gold in recent years, especially the demand pattern after the sharp decline in gold prices in 2013, gold demand remained relatively stable consumption. Investment demand remained the most important factor affecting total demand changes, and this was also the main reason for the gold price.

On the aggregate demand, the total demand for gold in the first three quarters of 2014 was 2963.5 tons, compared with the 3127.5 tons in the same period in 2013 and the average demand level in the first three quarters of the previous years.

As a big gold demand country, gold demand in China and India maintained a relatively stable growth during the year. Among them, after China experienced the baptism of crazy buying gold in 2013, the market gradually returned to reason. In the third quarter of 2014, gold demand in China decreased by 39% to 147 tons, compared with 148.2 tons in the third quarter of 2012 and 154.9 tons in the past five years.

　　 Traditional demand India, a big country, has an obvious impact on the market in 2013. With the partial liberalization of the restrictions, the demand for gold in India in the third quarter of 2014 increased significantly from 60% to 182.9 tons.

What needs to be concerned is that the central bank remains. gold Central banks are still actively distributing gold to diversify their reserves. According to the latest data, the Central Bank purchased 92.8 tons in the third quarter, and accumulated 335 tons in the first three quarters, which remained at a positive level as compared with the same period in 2013. This is also the central bank's fifteenth consecutive quarter as a net buyer of gold to participate in the gold market. Main year Purchaser From the CIS region, Russia, Kazakhstan and Azerbaijan increased significantly.

GeorgeGero, a precious metal strategist at RBC, said: "of course, people will tend to return more assets. At the moment, the investment sentiment of gold is still poor."

As of Tuesday (December 30th), international gold prices fell 0.2% this year, to 1200.40 U.S. dollars / ounce. The S & P 500 index has risen 13%, while the US dollar index has climbed 11%.

Meanwhile, on Tuesday, the SPDR gold ETF position went out of 1.49 tons again, with a total drop of 710.81 tons to 6 years minimum level, and a total of 67 billion US dollars have been generated during the year.

Unlike gold, however, sales of silver coins have increased this year, now reaching 44 million ounces, exceeding 42 million 700 thousand ounces last year.

AllianceFinancialLLC chief trader FrankMcGhee said, "gold coins and silver coins contrast reflects the lack of buying and selling in the gold market. However, despite the rise in sales of silver coins, it is hard to say that such momentum can continue. "