Gold Recovers Amid Mixed US Economic Indicators
Gold Has More Upside After This Pullback
Gold Rises as U.S. Economic Data Support Case for Rate Cuts
Exploring the National Day gold consumer market: The price of gold jewelry is in the "7" digit range. Some businesses admit that "only those who need it will buy it".
During the National Day holiday, the listing price of the gold brand's pure gold trinkets is in the "7" range, but consumer enthusiasm for "panning for gold" is not as high as the same period last year. Gold shop staff admitted, "Only those who need it will buy", with wedding demand being the main driving force. Market analysis believes that the gold price may continue to rise in the future, which will to a certain extent suppress residents' consumption of high-margin products such as gold trinkets.
The most shining moment in 12 years! Is the "golden age" of silver about to begin?
①With the spot silver price hitting the highest level in nearly 12 years this week, the cumulative increase in the price of this precious metal has reached about 34% so far this year, even overshadowing the historically high gold prices; ②Multiple signs indicate that whether as a store of value or an industrial commodity, the demand for silver has been consistently strong recently.
The gold price surged and banks took action! Within 10 days, 4 banks raised the threshold for this business! Industry insiders: Gold prices are rising, investment needs to be cautious.
①Multiple banks have intensively raised the minimum purchase price for gold accumulation. ②With the gold price hitting new highs again, the smallest business unit for gold accumulation products is 1 gram, and banks have correspondingly increased the minimum investment amount for gold.