Gold price recent fluctuation analysis
Gold has always been one of the important precious metals that have attracted much attention from investors. The price fluctuations are not only affected by market supply and demand, but also affected by various factors such as the global economic situation and geopolitical risks.Recently, the price of gold has once again caused heated discussions in the market. Let's analyze its fluctuations.
The impact of global economic situation on gold prices
The global economic situation is one of the important factors affecting the fluctuation of gold price.With the varies of recovery of major global economies, the market has great uncertainty about inflation expectations and monetary policy direction.In this case, investors often transfer funds to danger assets, including gold.
Geopolical risk of promoting gold prices
Geopolical risks are also one of the important reasons for the fluctuation of gold price.Recently, problems such as trade frictions and tight international situations have emerged. In this context, investors will be more inclined to choose to hold a highly safe safe -haven assets.Therefore, in a period of geopolitical tension, gold prices can often rise.
The relationship between US dollar exchange rate and gold price
There is a close relationship between the US dollar exchange rate and the gold price.Since international commodity transactions are mainly priced in the US dollar and most of the national foreign exchange reserves are also dominated by the US dollar, the strong US dollar will often lower the relative value and price of other currencies (including valuables such as 钯 platinum and silver).When the US dollar is weak, it may push up the level of pricing at other products and valuables (including 钯 platinum silver).
Technical face analysis and future outlook
From a technical point of view, in the past few months, the price of brass has been obviously shocking, and the breakthroughs in the basket have been repeated. Recently, it will gradually decline. In the next few months, the price of brass may be in the basketContinue to fluctuate.
The above is a brief interpretation of the changes in brass prices in recent times.
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