Gold has fallen 30% from its January high; according to economist Li Xunlei, citing data from Jin10 Data on June 26, international gold prices have continued to fall, dropping about 30% since their peak in January this year. Li Xunlei, Vice Chairman of the China Chief Economist Forum, pointed out this decline in his analysis of recent market trends.

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Gold Retreats 30% From January High, According to Economist Li Xunlei
According to Jin10 data on June 26, international gold prices have continued to decline, falling approximately 30% from their January peak this year. The retreat was noted by Li Xunlei, vice chairman of the China Chief Economist Forum, in his analysis of recent market
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GateUser-382715ed
· 06-26 19:26
This gold pullback is indeed fierce. The 30% drop has made many friends who chased the price begin to doubt their life choices. Li Xunlei’s data quote was quite timely, but in the long run, geopolitical risks are still there. Whether this is a bottom-fishing opportunity now still needs more observation—let’s see what the Fed says.
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