Yesterday, spot gold oscillated upwards, climbing again from the 1780 mark to near $1796, touching as high as $1795.73 and as low as $1778.99, and finally closing at $1793.13.
Today, spot gold opened down, once fell below the 1790 mark, and then continued to oscillate upwards, the turning point of bulls and bears moved from 1790 down to 1780, the first target of the upside was 1799, currently hovering around $1795, as of press time, gold prices are tentatively reported at $1796.18 / ounce, up 0.17%.
Gold's current rally is a time when traders await this week's important central bank meeting, which investors expect to reveal more information about monetary policy and inflation.
The news that gold prices have pulled back is concerned that the Fed will have to act aggressively and raise interest rates quickly to curb inflation.
For the gold market, some analysts believe that people will realize in early 2022 that the Fed will not be able to take aggressive measures. People need to recognize that the Fed is very uncertain. The Fed faces enormous political pressure to put employment above inflation.
And, both gold and silver are expected to hit new highs in the next 6 months. The highs of gold and silver seen 14 months ago could be masked next year. Not $4000 in gold, but $2200, $2300, $2400.
Finally, the international gold price has soared and plummeted, what will be the intraday trend of domestic gold?
Here are some of the gold shop offers:
The above quotation is obtained from the official website of the major gold stores, due to the slight differences in different regional stores, please refer to the quotation of the physical gold store on the day, the data is for reference only