The recent upward logic and impact of gold

The rapid rise in gold prices this round is primarily driven by multiple positive news factors. On one hand, the Federal Reserve's signals of gradual easing have weakened the US dollar trend, attracting funds into gold as a non-US asset; on the other hand, escalating regional conflicts have boosted safe-haven demand. Coupled with the slower-than-expected decline in core inflation, the market has focused on gold's risk resistance and inflation hedge properties, jointly pushing prices higher.

From a technical perspective, the current trend also shows clear bullish characteristics. Looking at the daily K-line, after continuously rising from previous lows, the price recently stabilized above the 4280 opening support level and continued its upward momentum; on the indicator level, the BOLL channel shows the price is in an upward zone, MACD maintains a golden cross with a continuing red histogram, and short-term bullish momentum has not significantly weakened.

This wave of upward movement has also brought chain reactions: ordinary holders' gold assets have expanded their profit potential; the profitability outlook for gold mining stocks is expected to improve; end-consumer jewelry may face price adjustments due to cost transmission; in terms of market sentiment, safe-haven funds are concentrating into gold, which may also cool down the short-term activity of high-risk asset sectors. #Gate11月透明度报告出炉 #美联储降息 #广场发帖领$50