After gold retreats from providing liquidity, it reverts to fundamentals.
CITIC Securities believes that this sharp decline does not mark the end of the gold bull market, but rather a forced unwinding of excessive liquidity-driven valuations.
Details of Iran's latest peace proposal have been revealed, with its core demands reportedly remaining largely unchanged.
Iranian state media reported on Tuesday that Iran has submitted a new peace proposal to the United States, calling for a comprehensive cessation of hostilities across all fronts—including in Lebanon—and demanding the withdrawal of U.S. forces from areas surrounding Iran, as well as war reparations from the U.S. for damages caused by joint U.S.-Israeli military operations.
Wash's inauguration is imminent! Trump 'withdraws' pressure for interest rate cuts: Interest rate outlook remains uncertain until the Iran war ends.
As Kevin Warsh prepares to assume his new role as chairman, with the U.S.-Iran conflict at a deadlock, even Trump himself has had to concede that the interest rate outlook remains uncertain.
Double blow from Hormuz and El Niño: Citi warns of a super-inflation storm in commodities!
Two epic forces are simultaneously squeezing the global commodities market.
JPMorgan: The gold bull market is not over! Downgraded year-end target to $6,000, but the silver myth is fading.
JPMorgan believes that the upward trend in gold prices is in a 'pause rather than reversal.' If the Strait of Hormuz reopens in June, gold prices are expected to reach $4,900-$5,100, with an end-of-year target of $6,000. Meanwhile, silver's outperformance relative to gold has largely collapsed due to the end of a five-year deficit cycle and a potential 30% drop in silver demand for solar energy applications. The gold-to-silver ratio is projected to rebound to 75:1.
High interest rate expectations triggered a sell-off in precious metals! Silver plunged 9% in a single day, breaking below the $80 mark.
① Gold prices fell to a more-than-one-week low on Friday, with silver prices plunging below the $80 per ounce threshold; ② The yield on the US 10-year Treasury bond and the US dollar both strengthened. Inflation concerns fueled by escalating conflicts in the Middle East have reinforced market expectations for higher interest rates, weighing down precious metal prices.