On Tuesday, December 12th, Asian stock markets rose while the US dollar fell as investors remained cautious ahead of the release of the key US inflation report later today. This report will set the tone for the interest rate meetings of multiple central banks this week.

Aihuicha2023-12-13 09:13

Gold is currently undergoing a correction, and institutional investors are addicted to profit selling. But after this cycle ends, Bloomberg strategists predict that gold prices are expected to rise by 50% next year and reach a historic high of $3000 by the end of the year.

Aihuicha2023-12-13 09:11

Nick Timiraos, the Federal Reserve's mouthpiece, reported that Federal Reserve officials are unlikely to have a serious discussion about when to cut interest rates this week, and may not discuss it in the coming months. This news has hit market expectations for a Fed rate cut, putting selling pressure on gold prices. FXStreet analyst Eren Sengezer said that gold bulls became hesitant before the US CPI and Federal Reserve announced policies this week.

Aihuicha2023-12-12 09:14

The author of "Rich Dad Poor Dad", Kiyozaki, stated on Monday that the market is repeating the 2008 subprime mortgage crisis and the largest economic collapse in history is approaching, warning investors to withdraw cash from banks as soon as possible.

Aihuicha2023-12-12 09:11

Spot gold has fluctuated by over $150 in the past week, marking the largest fluctuation since mid August 2020. On Monday, it surged to a peak of around $2144 and continued to decline. After the release of non-agricultural data last Friday (December 8th), spot gold accelerated its decline, hitting a low of 1994.56 and closing at $2004.41 per ounce.

Aihuicha2023-12-11 09:17

This week, the market experienced a frenzy, with the golden week hitting a historic high with a sharp rise, but quickly falling back over $150. After a series of data in the United States showed signs of a cooling labor market, the eye-catching non farm sector broke all of this. In addition, the Bank of Japan has "flown out" a black swan, and the yen has skyrocketed due to early withdrawal from negative interest rate bets.

Aihuicha2023-12-11 09:13

On Friday in the European market, spot gold maintained a slight rebound trend within the day, with gold prices currently reporting around $2031 per ounce. On this trading day, gold traders will focus on the US non farm payroll report, which is expected to trigger a major gold price trend. FXTree analyst Dhwani Mehta said that if the US non farm payroll data performs weakly, gold prices are expected to break through $2050 per ounce.

Aihuicha2023-12-10 10:15

On Friday (December 8th), the Japanese stock market was volatile, with the Nikkei Index expected to record its largest weekly decline in a year, while bonds suffered a heavy blow. The Japanese yen is expected to record its largest weekly increase in five months as investors withdrew from their bets on keeping Japanese interest rates low.

Aihuicha2023-12-10 10:13

Bank of China Guangdong Branch Wang Gang stated that the number of new jobs added by the US ADP fell short of expectations for the fourth consecutive month. The data once caused a decline in US bond yields, and gold also took this opportunity to slightly stop the decline and remain stable at a critical level. From the perspective of fundamentals and expectations, the downward trend of US bond rates and the upward trend of gold prices will still be the main logic for 2024. It is expected that gol

Aihuicha2023-12-08 09:15

The latest data released by the World Gold Council (WGC) on Wednesday showed that global gold ETF outflows slowed significantly in November, supported by net inflows from North American funds and driven by geopolitical risks and investor positions. Last month, the net long position in the gold futures market increased: COMEX's net long position further increased, and fund managers' net long position also increased significantly. ING expects that both capital inflows and net long positions will c

Aihuicha2023-12-08 09:13