Express News | China Gold: The risk of short-term fluctuations in gold has increased, but the medium- to long-term upward market may not be over
The US economic data has been overshadowed, and gold has once again made a brilliant debut. The world predicts that precious metals will generally rise 8% this year
The gold market's recent record high of $2,400 per ounce may represent the peak of prices; however, investors should not expect to see too much of a decline from current levels, as the World Bank expects precious metals prices to rise 8% this year.
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AI is also inseparable from gold, which is probably why some savvy investors are betting on gold and AI at the same time.
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Market analyst Mahaley said that Citibank analysis found that 83% of fund managers went long on precious metals, and long positions in gold futures and options rose.
Mysterious gold buyers love to take action at this point in time...
Market observers were baffled by the record rise in gold this year, as the price of gold continued to rise in the face of headwinds that should have been blocked. The reason for the fall in gold prices this week is probably due to China.
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Shares of Precious Metals Stocks Are Trading Lower as Gold and Silver Continue to Retreat From Recent Strength.
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The biggest drop in the last two years! The price of gold was hit hard, what happened?
Tensions in the Middle East have eased, and safe-haven demand has weakened. Furthermore, after the recent historic surge, investors' profit settlement is also putting pressure on the price of gold.
Don't misread the situation! Analyst: The price of gold has been “decoupled” and broken through a historical “inflection point” and will usher in a sharp rise in the market
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Gold, the beginning of a grand summer decline?
Spot gold fell more than 2.5% on Monday, to a low of 2324.89 US dollars/ounce, falling more than 60 US dollars from a daily high. Investors' concerns about the Middle East conflict have eased, prompting them to cut back on safe-haven transactions and prefer riskier assets such as stocks. The question now is, how much room is there to the downside?
Gold's seasonal weakness hits. Analysts predict a strong rebound in the price of gold after bottoming out in the summer, soaring to $3,300 “not excessive”
The gold market was under solid selling pressure after failing to secure the key support of $2,400 per ounce. Although the market has room to fall in the summer, a market analyst said that precious metals are still in a solid position and are expected to rebound before the end of the year.
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Express News | Analyst: The sharp rise in US bond yields is a headwind facing gold