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
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.
India's gold demand is expected to remain strong in the coming months as tariffs are lowered during the gold buying season.
①India, the world's second largest gold consumer, recently reduced import tariffs on gold, and with India's traditional festivals and wedding season approaching; ②this will drive continued strong gold purchases in India, with global gold demand expected to remain robust in the coming months.
How much is the gold worth worldwide? New record: $20 trillion!
With the international gold price continuously hitting new highs, approaching $2700, the precious metals market has also achieved a new "milestone": the total value of physical gold globally has surpassed the $20 trillion mark for the first time! If we compare it to the stock market, all the gold in the world could almost buy the top ten listed companies globally.