The recent trend of gold, a safe-haven asset, has attracted attention, with spot gold prices falling below $4,900 per ounce, an intraday decline of 0.73%. This decline in gold reflects an improvement in market risk appetite, with investors adjusting through profit-taking. The slowdown in demand in the precious metals market has prompted a correction in gold prices. Despite short-term selling pressure, gold's long-term appeal as a traditional safe-haven asset remains. Market observers believe that such adjustments are normal fluctuations, and investors need to pay close attention to the impact of subsequent macroeconomic data on gold.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)