Source: Yiwu sourcing agent Author: Helan Date: 2010-05-17
Macro-economic control under both property and stock market setback, but the gold market thriving. Reporter learned yesterday from the relevant departments, Yiwu recently proposed to build a large-scale open gold processing plant, the processing capacity to reach 5 tons of gold and silver, 10 tons. Expected production in 2013, the annual output value reached more than 10 billion a conservative estimate.
It is understood that this was known as the "products of processing 15 tons of gold and silver works" projects with a total investment of 150 million yuan, mainly produces all kinds of gold and silver after the completion of investment products, high-end gold and silver jewelry and crafts, the whole country sales.
"Investment and construction of gold-processing companies, mainly Chinese and the prospects for gold and silver products in the market." Yiwu, as the project investor, Chairman of Gold Investment Management F Xu Hong said, to follow the international gold market, the domestic gold market out of a continuous long bull market, gold rose more than three times in 10 years. He is optimistic forecast, the next 3 to 5 years, the domestic gold market will have a big leap forward; next 7 to 8 years, if the Government did not suppress the gold price through regulation (gold by international factors is obvious, so the possibility of government regulation of prices down not large), gold will remain bullish.
December 2 last year the first international gold rush 1,200 dollars an ounce, the "ceiling", the "gold record" in the words on the frequently appear in front of investors.
May 14, the New York Mercantile Exchange gold futures June contract rose to an intraday is 1249.7 U.S. dollars an ounce, a record high. Shanghai Gold Exchange, the spot price of gold also will stand on the 270 yuan / gram mark. After the gold finished lower, but most analysts still believe that medium to long term, 1,249 U.S. dollars / ounce is not the top.
Xu F, red, the domestic investment and consumption of gold jewelry market reached 1,900 billion total last year, and expected a breakthrough within five years 3,000 100 000 000.
As more and more people to join the ranks of gold investors and collectors, the investment class collections of gold in the proportion of all gold products will be more and more, now it kind of gold jewelry products and the ratio of "4:6" 5 years, this ratio may be adjusted to "6:4." Therefore, investment demand is expected to become the largest gold consumer drive.
According to reports, "15 tons of gold and silver products in processing engineering" project "feasibility report" has been agreed, the relevant departments undergoing final review.
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