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.

cls.cnSep 27 07:22 ET

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.

cls.cnSep 26 00:45 ET

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.

cls.cnSep 25 02:58 ET

Goldman Sachs commodity trader: The purchasing volume of gold on our trading desk continues steadily, and silver has also started to fluctuate.

Goldman Sachs maintains its target of gold price rising to $2700 per ounce by 2025, indicating that the increase in gold price has just begun, as central banks worldwide continue to buy gold. The Fed's rate cuts will encourage western capital to flow back into gold ETFs, providing important hedging value for investment portfolios to deal with geopolitical shocks.

wallstreetcnSep 24 05:46 ET

Gold prices surged through $2640, hitting a new high! UBS Group predicts: reaching 2700 next year is not a dream.

1. Spot gold prices rose more than $10 in the short term, briefly breaking through the $2640 level, reaching a high of $2640.15 per ounce, continuing to hit historic highs; 2. UBS Group analyst wrote in a report released on Monday, 'Although the record high stock price may deter some investors, we believe there are several reasons to prove that gold still has room for further gains.'

cls.cnSep 24 04:33 ET

Using The ADX Indicator In Trading: Practical Gold Futures Example

BenzingaSep 23 11:44 ET