Gold Rises for Fifth Day on Safe-Haven Demand as Dollar Rises to Two-Year High
Exchange-Traded Funds, Equity Futures Edge Lower Pre-Bell Friday Ahead of Business Activity Data
The gold price has returned to $2700, and China Construction Bank continues to raise the entry threshold for individual gold rsp, conservative and cautious customers will no longer be able to invest in this product.
On the evening of November 22, China Construction Bank Corporation announced that starting from tomorrow, it will adjust the risk rating of the Easy Gold (physical gold rsp) product to 'medium risk.' Conservative and cautious customers will not be able to carry out the aforementioned 'Easy Gold' corresponding trades.
Asia Mixed, Europe Mostly In Red; Dollar Hits 13-Month High - Global Markets Today While US Slept
Spot gold briefly rose above the $2,700 mark as the escalating conflict between Russia and Ukraine highlighted the appeal of safe-haven assets.
① The spot gold price is expected to achieve the largest weekly increase in over a year this week, reaching a daily high of $2700.21 per ounce; ② The situation between Russia and Ukraine has become complicated, with Russia testing a "new type of medium-range hypersonic missile"; ③ Global central bank bids have driven gold prices to rise more than 30% since the beginning of the year.
Gold Prices Rise, Set for Strong Weekly Gains on Russia-Ukraine Jitters
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You give me a new perspective in life. Don’t you know everything is more expensive when demand over LIMITED supply?
103725321 : Can someone answer this please, also wondering the same thing
小韭菜是我 : if u want to hold for a long time, then can buy anytome
wtflag 103725321 : Gold ETF is now just 3.3% from the last top, so you are kind of late this round. Mining ETFs are still pretty far from their last top. But those tend to drop fast whenever there is the slightest hint of gold retracement.