Gold Takes a Breather at $2,700 With All Eyes on US Inflation
Gold: Technical Reversal Here Could Spark a Selling Spree
International gold prices have surpassed 2,700 US dollars! Most of the Hong Kong stocks in the Golden Industrial Concept are strengthening, with ZHAOJIN MINING rising over 7%.
① Has China's Gold reserves increased by the end of November? ② What is the Analyst's view on the overnight rise in Gold prices?
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The performance of the golden industrial concept has been active, and the People's Bank of China has restarted gold purchases after a six-month interval; what does this signal?
Diversification of reserves.
What does the central bank's purchase of gold again mean? How to carry out global asset allocation next year? Multiple public fund professionals share their views.
① The fund manager compares bitcoin to "fake gold," but it has no physical delivery and is highly volatile, making it unsuitable for allocation by households or institutions; ② U.S. stock valuations are high, but there are no obvious systemic risks, so continued allocation is advised; ③ It is expected that the A-share market will continue to exhibit volatility in the short term, and the semiconductor sector can be held for the long term with swing trading.
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Crude oil prices fell slightly on Thursday, although OPEC+ delayed production resumption, they still plan to increase production next year. Gold prices dropped as investors await the usa's non-farm payroll data on Friday for clues on the direction of Federal Reserve policy. London copper edged down.
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Macquarie recently released an optimistic forecast regarding the trend of gold prices, indicating that gold prices are expected to see significant increases by 2025 and may even break historical records.
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