In April, the prices of US stocks and commodities formed a sharp contrast. Federal Reserve Chairman Powell's statement that he is "not in a rush to lower interest rates" has caused expectations of rate cuts to suddenly cool down, and the three major US stock indices have softened. At the same time, geopolitical risks are rising, and gold, which has inflation-resistant and hedging properties, continues to be favored by the market and shows strong performance..
Gold prices continue to reach new highs! As of April 8th, it once broke through $2350 per ounce, with an increase of over $200 this year!If you bought gold at the low point of $1829 on October 5th of last year and held it until April 8th this year, the increase exceeded 28%..
【黃金升勢兇猛，多家機構紛紛上調預期】
1. 近日金價不斷升高，花旗銀行連夜調整黃金價格展望。將黃金0-3個月價格目標上調9%，達到2400美元/盎司。
2. 開年至今黃金升幅超過13%，高盛三次修改黃金展望仍未能跟上黃金升勢.
However, some institutions have also warned that the short-term increase in gold prices is too large and there is a risk of a correction.UBS believes that the upward trend in gold prices has been too rapid and there may be a situation where prices will correct to slightly below $2100 per ounce.
[Mooer's Perspective]
In early March, Futubull initiated a discussion on opportunities related to gold.Gold prices continue to reach new highs! Can I buy gold for hedging?Explored the future development of gold with fellow Mooers.
The post has received a lot of interaction from fellow Mooers, and everyone has discussed the trend of gold prices and the gold...