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Gold Price Falls Significantly in November – Commerzbank
Is Gold Losing Its Shine? Expert Insights On COMEX Gold Trends
Gold Edges Up Ahead of Key US Inflation Data That May Sway Fed
Gold: Cautious Recovery After Fall
The golden industrial concept weakened as lingbao gold (03330) fell by 4.59%. Institutions indicate that gold prices may temporarily drop to $2400.
Golden News | Golden industrial concept weakens. As of the time of writing, lingbao gold (03330) fell by 4.59%, sd gold (01787) fell by 2.91%, zhaojin mining (01818) fell by 2.8%, zijin mining group (02899) fell by 2.64%, chinagoldintl (02099) fell by 1.79%. According to industry insiders, the market's expectations for a interest rate cut by the Federal Reserve in December have cooled, the geopolitical risks in the Middle East are weakening, and the recent rebound of the usd has all posed a bearish influence on international gold prices. Gold prices are facing adjustment pressure in the short term, but the medium to long-term trend remains bullish. China securities co.,ltd. research reports.
Eastern European central banks are aggressively purchasing gold, becoming the largest buyers globally. Will gold prices rise to 3000 dollars?
Central banks in Eastern European countries are accelerating their gold purchases to diversify investments and cope with external shocks, with the Czech Republic, Poland, Serbia and other countries becoming the largest buyers of gold together.
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