最近，金价下跌了一些

zuì jìn | jīn jià | xià diē | le | yī xiē

Recently, the price of gold has dropped a bit.

这几年，金价持续上涨

zhè jǐ nián | jīn jià | chí xù | shàng zhǎng

Over the past few years, the gold price has been rising continuously.

有很多人赚到了钱

yǒu | hěn duō | rén | zhuàn dào | le | qián

Many people have made money from it.

我只买了黄金相关的基金

wǒ | zhǐ | mǎi le | huáng jīn | xiāng guān | de | jī jīn

I only bought gold-related funds,

赚了少量的钱

zhuàn le | shǎo liàng | de | qián

and made a small amount of money.

在下跌信号出现后

zài | xià diē | xìn hào | chū xiàn | hòu

After the downward signal appeared,

我卖出了一大部分基金

wǒ | mài chū | le | yī dà bù fèn | jī jīn

I sold most of the funds.

很多人相信

hěn duō | rén | xiāng xìn

Many people believe that

金价这次的下跌

jīn jià | zhè cì | de | xià diē

this drop in the gold price

只是短暂的回调

zhǐ shì | duǎn zàn | de | huí diào

is only a short-term correction,

长期来看还是会上涨的

cháng qī | lái kàn | hái shì | huì | shàng zhǎng | de

and it will still rise in the long run.

没有人能预测市场

méi yǒu | rén | néng | yù cè | shì chǎng

No one can predict the market.

19世纪初

19 shì jì | chū

At the beginning of the 19th century,

英国首先确立金本位制

yīng guó | shǒu xiān | què lì | jīn běn wèi zhì

Britain first established the gold standard system.

也就是说货币与黄金挂钩

yě jiù shì shuō | huò bì | yǔ | huáng jīn | guà gōu

In other words, currency was pegged to gold.

20世纪初

20 shì jì | chū

At the beginning of the 20th century,

由于世界大战和经济危机等

yīn wèi | shì jiè dà zhàn | hé | jīng jì wēi jī | děng

due to world wars and economic crises, etc.,

各国暂停了黄金的自由兑换

gè guó | zàn tíng | le | huáng jīn | de | zì yóu duì huàn

All countries suspended the free convertibility of gold.

1944 年，44 个国家代表

1944 nián | 44 gè | guó jiā | dài biǎo

In 1944, representatives from 44 countries

在美国布雷顿森林小镇召开会议

zài | měi guó | bù léi dùn sēn lín | xiǎo zhèn | zhào kāi | huì yì

held a meeting in the small town of Bretton Woods, USA,

建立了布雷顿森林体系

jiàn lì | le | bù léi dùn sēn lín | tǐ xì

establishing the Bretton Woods system.

美元与黄金挂钩

měi yuán | yǔ | huáng jīn | guà gōu

The US dollar was pegged to gold,

各国货币与美元挂钩

gè guó | huò bì | yǔ | měi yuán | guà gōu

and other countries' currencies were pegged to the US dollar.

金价被固定在 35 美元每盎司

jīn jià | bèi | gù dìng | zài | 35 měi yuán | / | àng sī

The gold price was fixed at 35 US dollars per ounce.

1971 年，美国宣布美元与黄金脱钩

1971 nián | měi guó | xuān bù | měi yuán | yǔ | huáng jīn | tuō gōu

In 1971, the United States announced the decoupling of the US dollar from gold,

金本位制彻底终结

jīn běn wèi zhì | chè dǐ | zhōng jié

and the gold standard system came to an end completely.

但是，黄金凭借着它的稀缺性

dàn shì | huáng jīn | píng jiè | zhe | tā | de | xī quē xìng

However, relying on its scarcity,

仍然是全球核心的避险资产

réng rán | shì | quán qiú | hé xīn | de | bì xiǎn zī chǎn

gold is still a core safe-haven asset globally.

金价从 40 美元 / 盎司

jīn jià | cóng | 40 měi yuán | / | àng sī

The gold price soared from 40 US dollars per ounce

暴涨至 1980 年 1 月的 850 美元 / 盎司

bào zhǎng | zhì | 1980 nián | 1 yuè | de | 850 měi yuán | / | àng sī

to 850 US dollars per ounce in January 1980.

整个 90 年代

zhěng gè | 90 nián dài

Throughout the 1990s,

全球经济繁荣、美元走强

quán qiú | jīng jì | fán róng | měi yuán | zǒu qiáng

with the global economy booming and the US dollar strengthening,

金价基本在 250 - 400 美元 / 盎司区间波动

jīn jià | jī běn | zài | 250 - 400 měi yuán | / | àng sī | qū jiān | bō dòng

the gold price basically fluctuated between 250 and 400 US dollars per ounce.

2001 到 2011 年

2001 - 2011 nián

From 2001 to 2011,

金价从 250 美元 / 盎司

jīn jià | cóng | 250 měi yuán | / | àng sī

the gold price rose from 250 US dollars per ounce

涨至 1920 美元 / 盎司

zhǎng | zhì | 1920 měi yuán | / | àng sī

to 1920 US dollars per ounce.

2020 年至今是第三轮超级牛市

2020 nián | zhì jīn | shì | dì sān lún | chāo jí niú shì

From 2020 to now, it has been the third round of a super bull market,

金价超过了4000美元 / 盎司

jīn jià | chāo guò | le | 4000 měi yuán | / | àng sī

with the gold price exceeding 4000 US dollars per ounce.

全球最大的黄金饰品销售国