Like the metal itself, reasons to buy gold are malleable. Own the yellow metal for its untarnishable beauty, or as a store of value, or both. Jewellery is the largest stable component of demand. But when gold soars, as at present, bling starts to lose its zing. This can presage a price drop.
黃金可以鍛造成各種樣子,購買黃金的理由也不只一個。擁有這種黃色金屬或許是因爲其不褪色的美麗,或許是因爲其保值的特性,又或許兩者兼而有之。對黃金的穩定需求來源中,來自鍛造珠寶的需求是最大的。但當黃金像現在這樣飆漲時,它再金光閃閃也會開始失去魅力。這可能預示著金價將會下跌。
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