Originated from the Internet
As the international gold price hit a record high, hoarders who had previously viewed gold bars as a safe-haven asset began to feel uneasy. Behind this, what are the factors driving up the price of gold, and why is it alarming?
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As soon as the topic was posted on the Internet, the comment area instantly exploded! Tens of thousands of comments flocked in, let's take a look
Now is the right time to buy gold?
I sold it yesterday, and if I am not greedy, the price will definitely fall
Netizen: If you want to hoard, wait until your early 400s to swallow gold bars at the bank
The rise in gold prices means that my big gold bracelet is getting farther and farther away from me
It feels like it's going to fall sharply, and gold has risen too high
Netizen: The domestic market is different, and international oil and domestic oil are two different things
I barely bought a few golden beans today, which are only a little bigger than the boogers I picked out
Recently, the international gold price has continued to climb, and the COMEX June gold futures price closed at $2,349.1 per ounce on April 5, once again refreshing a record closing high.
Since March, the price of gold has risen by more than 14%, and the price of gold jewellery from many retail brands in China has even exceeded 700 yuan per gram.
Originated from the Internet
The rally in gold prices was driven by a combination of factors, including the Fed's monetary policy pivot, the recent intensification of geopolitical conflicts, and the continued demand for gold from many central banks around the world.
On the one hand, the U.S. economic data fell short of expectations, and the market is expecting that the Fed will reduce its holdings of MBS (mortgage-backed securities) in the future and increase its holdings of Treasury bonds in disguise.
Originated from the Internet
The rise in the U.S. unemployment rate and weaker-than-expected retail sales growth have further strengthened market expectations for a possible interest rate cut by the Federal Reserve, which has provided support for the rise in gold prices.
On the other hand, as the U.S. economy is under pressure and inflation is under control, the market has questioned the need for the Fed to maintain high interest rates, and strong interest rate cut expectations and safe-haven demand have jointly pushed gold prices higher.
Originated from the Internet
The rapid rise in the international gold price has worried investors who are hoarding gold. They are worried that gold prices could hit new highs before the Fed's rate cut expectations are realized.
But at the same time, it is also aware that as inflation in the United States and Europe falls further, gold's anti-inflation properties may weaken, thereby dampening the rise in gold prices.
Originated from the Internet
In addition, with the high price of gold, the cost of investing in gold is also increasing, making some investors start to consider whether they should reduce their positions at high levels to avoid the risk of possible price corrections in the future.
Netizens have different views on the new high of gold prices. Some believe that gold, as a traditional safe-haven asset, is still a safe choice in the current unstable international situation.
Originated from the Internet
Others are concerned that high hoarding may face the risk of a pullback, and suggest that investors should be more cautious and diversify their investments to reduce risks.
Against the backdrop of successive record highs in gold prices, how do you see the current gold investment market?
Feel free to share your views and investment strategies in the comments section and let's discuss how we can better protect and grow our assets in this volatile market.
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#挑战30天在头条写日记#
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