Gold is a long-term buy, but this one piece is missing from the puzzle.

The head of the CSI Commodity Equity Index strategy at Sheng Bao Banks stated that although gold has lost some momentum, there is almost no bearish sentiment in the market.

Golden10 Data15:34

Gold's Asian market volatility intensifies! Gold price significantly retreated after approaching $2,340. How to trade gold?

#Gold Technical Analysis# On Thursday(June 20th), the spot gold price showed significant fluctuations in the Asian market, and the price of gold fell significantly after approaching the $2340/ounce mark.

FX16811:25

Gold prices surged suddenly in the short term! The price of gold is approaching 2340. FXStreet Chief Analyst's technical analysis of gold.

During Thursday's Asian market session, the spot gold suddenly surged in the short term, and the gold price is approaching the $2340/ounce mark, with a rise of nearly $11 during the day. Valeria Bednarik, chief analyst at FXStreet, pointed out that the next major event is the Bank of England's monetary policy decision on Thursday.

FX16809:57

Goldman Sachs warning: US election may trigger inflation storm, and gold will become a safe haven tool

The strategist believes that if the Republican Party wins both the presidency and Congress, it will bring the greatest risk to inflation and bond returns in the USA; some media reported that Trump's allies have developed a plan to weaken the independence of the Federal Reserve, although his campaign team has not confirmed such a plan.

cls.cn07:15

How to hedge against US election-related risks? Goldman Sachs recommends buying gold!

Goldman Sachs believes that holding long positions in gold can hedge inflation risks caused by post-U.S. election impacts such as tariffs and weakened independence of the Federal Reserve.

Golden10 DataJun 19 21:51

Global central banks are keen on buying gold! The willingness to increase holdings has reached a five-year high, Goldman Sachs is bullish on the gold price reaching $2,700.

According to the survey results, Central banks of various countries increased their gold reserves by 1,037 tons in 2023, the second highest annual purchase volume in history. Previously, the record was set in 2022, which purchased 1,082 tons of gold.

Gelonghui FinanceJun 19 17:09