How much impact does the weak gold price and the sharp decline of the golden industrial concept have? Experts say that the gold price may experience a short-term correction, but its long-term investment value is still bullish.

Affected by multiple factors, the gold price has weakened in the past two days and once fell below $2300 per ounce. Today, gold-related stocks opened with a large decline. Industry analysts pointed out that there may be a short-term correction in the price of gold. Specifically, attention should be paid to the support performance at $2285 and the gold price should remain above this level or continue to fluctuate.

cls.cnJun 11 05:06

Is the gold fundamental outlook optimistic? World Gold Council: the growth rate of gold production is getting smaller and smaller!

The World Gold Council pointed out that as gold becomes increasingly difficult to find, its production may soon fail to keep up with demand growth.

Golden10 DataJun 10 08:44

Is the long-term rise in gold prices difficult to stop? World Gold Council: Gold mine production is increasingly unable to keep up with demand.

The most important reason why gold production is difficult to increase is that many promising areas around the world have already been explored, making it increasingly difficult to find new gold mines around the world.

cls.cnJun 10 01:40

USA non-farm payroll is strong, China central bank stops buying, gold suffers from a "double strike"!

On Friday, the price of metal fell below $2,300 per ounce, marking the largest drop in nearly three years. Silver plummeted 7%, and basic metals such as copper, nickel and aluminum also fell sharply.

wallstreetcnJun 8 01:22

Silver spot prices surge 4%, signaling a counterattack with multiple factors contributing to the explosive growth of related metal assets.

①Spot silver rose more than 4%, reaching a high of $31.30 per ounce, the highest this month; ②The International Energy Agency's annual World Energy Investment Report predicts that global spending on clean energy technology and infrastructure is expected to reach $2 trillion in 2024.

cls.cnJun 6 18:12

UBS: Buy gold below 2,300 at will, and increase your position on copper when it falls

UBS pointed out that there is still room for gold, crude oil and copper to rise, and commodity gains are unabated.

Golden10 DataMay 28 21:23