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.
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
Commodity Roundup: Natural Gas Turns Out to Be More Sensitive to Geopolitical Risks, ING Says
Gold Continues Bullish Trend, Eyes US$2,700 Mark
Risk aversion demand has "ignited" the gold bulls, causing gold prices to rise for four consecutive days!
The price of gold at $3,000 will 'look very cheap' in 3 to 4 years.
Gold will continue to shine! Commodity experts: Gold prices will hit new highs repeatedly in the first year of "Trump 2.0"!
①csi commodity equity index expert Jeffrey Christian expects the price of gold to reach a new historical high by the end of January next year, as significant uncertainty in the "Trump 2.0" policy will lead investors to flock to gold and other defensive assets for safety. ②He believes that the recent decline in gold prices may be due to some investors taking profits.
UBS Joins Goldman Among Big Banks Predicting Resumption of Gold Rally
Gold Price Surge on Risk Aversion and Overcome Strong USD
Buy Gold After Its Pullbacks - Because It May Hit $3,000 in 2025
Gold Continues to Glitter: ETFs to Tap Its Safe Haven Appeal
UBS Predicts Gold Will Hit $2,900 per Ounce in 2025
Gold sees a big pullback again. Those who bought etf can't sit still and are leaving. Can I still buy this dip?
① Gold has recently experienced a significant correction, and many investors are choosing to exit the market; ② As gold prices correct, the net value of many gold-related funds has also fallen; however, there are still 19 funds whose net value has risen over 20% this year; ③ Institutions believe that the long-term driving force for gold remains unchanged.
Recent Drop in Gold Speculative Positions Almost Entirely Been Driven by Long Liquidation - Saxo
Putin's approval of the new version of Russia's nuclear deterrence policy has triggered safe-haven demand, with gold rising for two consecutive days and returning above $2600.
Due to the escalation of tensions between Russia and Ukraine, the demand for safe-haven assets has increased, and gold prices have risen for two consecutive days.
Why Gold Is a Better Bet Than Stocks for 2025
Gold Holds Gain as Russia's Nuclear Shift Fans Demand for Havens
Risk aversion resurfaces! Gold prices may soar to $3,000 or higher.
With the escalation of the Russia-Ukraine conflict, traditional safe-haven sentiment has reemerged in the market.
Gold Price Soars as Geopolitical Tensions Increase Safe-haven Demand
Here's What Bond and Gold Traders Are Signaling About Russia's Nuclear Shift