Sina Financial News After the "hurricane", the gold market is returning to calm. In the past month, London gold (spot gold) has fallen from the high of 2430.7 US dollars / ounce on April 12, the lowest once touched 2277.7 US dollars / ounce, during which the cumulative big dump fell by more than 6%, and the futures market and gold jewelry market prices fell sharply. Who is the mysterious driver behind the gold price pullback? Has this round of gold price pullback been sufficient? Relevant people in the industry believe that factors such as the easing of the geopolitical situation, the stubborn inflation in the United States, and the profit-taking of some funds have dragged down the recent gold price, but the pullback range is still within a reasonable range, and the overall pump trend of gold prices has not been destroyed, and the focus of market transactions will continue to revolve around geopolitical conflicts and reflation.
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Brake! Dragged down by longest factors, the "soaring" gold price "cooled"
Sina Financial News After the "hurricane", the gold market is returning to calm. In the past month, London gold (spot gold) has fallen from the high of 2430.7 US dollars / ounce on April 12, the lowest once touched 2277.7 US dollars / ounce, during which the cumulative big dump fell by more than 6%, and the futures market and gold jewelry market prices fell sharply. Who is the mysterious driver behind the gold price pullback? Has this round of gold price pullback been sufficient? Relevant people in the industry believe that factors such as the easing of the geopolitical situation, the stubborn inflation in the United States, and the profit-taking of some funds have dragged down the recent gold price, but the pullback range is still within a reasonable range, and the overall pump trend of gold prices has not been destroyed, and the focus of market transactions will continue to revolve around geopolitical conflicts and reflation.