Gold spot price trend latest news update
Gold has always been one of the important precious metals that have attracted much attention from investors. The price fluctuations are affected by various factors such as the global economic situation and geopolitical risks.Recently, the spot price of gold has also attracted much attention from the market. Let's take a look at the latest trends and related news together.
The impact of global economic situation on gold prices
The global economic situation is one of the important factors affecting the fluctuation of gold price.With the acceleration of the recovery of major global economies, investors' preference for risk assets has increased, resulting in a decline in demand for risk aversion, which constitutes pressure on gold prices.However, when the uncertainty increases, investors often seek risk aversion assets, and at this time they will push the price of gold.
Geopolical risks trigger market fluctuations
In addition to the global economic situation, geopolitical risks are also important reasons for market volatility and affecting gold price changes.Recently, incidents such as tight situations and trade friction upgrades in the Middle East may cause investors' risk aversion and pushing high demand and value of hedging assets such as gold.
Federal Reserve policy decisions affect market expectations
As one of the most authoritative and powerful central banks in the world, the Federal Reserve will directly or indirectly affect market expectations when formulating monetary policy.Especially during the announcement of the interest rate resolution and the statement of the announcement period, when the black Friday and weekend, the market is likely to occur sharply or uncertain changes in the market. There is a risk of transactions during this period. When the cluster transaction is difficult to execute.
Technical face analysis and trend judgment
In addition to fundamental factors, investors have increasing interest in technical analysis. More and more people have begun to pay attention to chart mode, moving average system, relatively weak indicators (RSI), MACD indicators and other toolsYou need to pay close attention to whether these technical indicators issue a buying signal or sell signal.