Gold, the price has been reduced! Investors' minds are “long and short”. How to proceed next?

Industry insiders analyze that short-term gold may continue to be pressured by strong US dollar and US bond yields, and may face the risk of profit correction.

Securities TimesMay 5 11:38

FOMC meeting preview: The Federal Reserve may “release the hawk”, gold is likely to be hit again!

Continued higher-than-expected inflation data has kept the Federal Reserve cautious, and the “gold fever” may cool down again. Powell may say this...

Golden10 DataMay 1 15:26

Total demand for gold in Q1 was the strongest in the same period in eight years WGC: these factors are playing an important role

① According to the World Gold Council report, total demand for gold in the first quarter, including OTC transactions, increased 3% year-on-year to 1,238 tons, “the strongest first quarter since 2016”; ② “Judging from their continued consumption, gold plays an important role in the reserve portfolio, and the situation remains strong for the rest of the year.”

cls.cnApr 30 17:40

Gold Price Declines on Upbeat Market Mood

Gold price has fallen almost a percentage point lower on the back of improving risk sentiment.

FXStreetApr 30 17:40

Express News | Report: Central Bank Gold Purchases and OTC Investments Have Once Again Pushed Gold Prices Stronger

BreakingsApr 30 14:15

The price of gold fell by nearly $10 during the day! Beware of major technical breakdowns and the latest intraday trading analysis of gold

In the Asian market on Tuesday, spot gold maintained a pullback trend. The price of gold is currently trading around 2,326 US dollars/ounce, falling sharply by nearly 10 US dollars during the day. According to Economies.com, if the price of gold confirms falling below the key level of $2325.90 per ounce, this will pave the way for a further sharp drop in gold prices.

FX168Apr 30 12:51