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Geopolitical tensions and inflationary pressures continue to escalate, highlighting the attractiveness of gold as a traditional safe-haven asset once again. In addition to direct physical gold purchases, there are various more flexible investment options available. This article will compare different gold trading methods in depth to help investors find the most suitable trading strategy.
Is it wise to invest in gold now?
Review of international gold price trends:
Over the past three years, the international gold market has experienced significant volatility. During 2022-2023, gold prices fluctuated between $1,700 and $2,000, mainly due to geopolitical conflicts and the dual pressure of U.S. Federal Reserve rate hikes. Entering 2024, the situation reversed, with expectations of U.S. rate cuts rising, and global central banks record-breaking gold purchases (net gold purchases in 2024 reached 1,045 tons, the third consecutive year exceeding 1,000 tons), directly pushing gold prices above $2,700. As of September 2025, international gold prices have surged to $3,700, and the market

Australia has always been a market that Chinese investors are familiar with but feel unfamiliar with. Many know it as a retirement paradise, but few seriously study its stock investment value. In fact, Australia is not only one of the world's richest countries in mineral resources, but also, in the wave of energy transition and technological upgrade, is becoming a new hotspot for global capital reallocation.
So the question is—what makes Australian stocks worth paying attention to? What opportunities will there be in 2025?
The transformation of the Australian stock market: from being forgotten to being rediscovered
Over the past decade, the Australian stock market has faded from investors' sight. The reasons are simple: oversupply of global minerals, depreciation of the Australian dollar, and the allure of US stocks and tech stocks drawing all attention.
But the pandemic changed everything. As environmental demands heat up, global supply chains are restructured, and geopolitical conflicts intensify, investors are beginning to reassess Australia—this politically stable, resource-rich, and relatively safe country—suddenly becoming a synonym for "certainty assets."

In December 2024, Bitcoin reached a peak of $100,000 for the first time. The story behind this milestone is far more worth exploring than the number itself. From an obscure virtual experiment in 2009 to becoming an unavoidable asset allocation choice worldwide, what has enabled Bitcoin to surge so high? What will happen next? These questions trouble everyone who follows crypto assets.
Why is Bitcoin valuable? A comprehensive analysis of the four major value dimensions
Rather than asking "Should Bitcoin have value," it's better to understand what it actually does. As long as you see clearly what real-world problems it can solve and what financial functions it can carry, you won't be swayed by market hype.
From a functional perspective, BTC supports four pillars:
Payment attribute — BTC is essentially peer-to-peer electronic cash, but due to high volatility, few people use it for daily consumption. However, in geopolitically turbulent regions like Ukraine and Venezuela, B

In the vast ocean of technical analysis tools, the KD indicator (Stochastic Oscillator) is considered an essential course for beginners. Many people look at the dense array of indicator options but don't know where to start. In fact, mastering the core usage of the KD indicator can help you seize many trading opportunities.
What exactly does the KD indicator do?
The full name of the KD indicator is "Stochastic Oscillator," proposed by American analyst George Lane in the 1950s. Its core goal is to capture market momentum changes and trend reversal points.
Simply put, the KD indicator does one thing: it observes the position of the stock price relative to its high and low points over a certain period. If the price is close to the highest point, it indicates strong buying pressure; if it is near the lowest point, it suggests heavy selling pressure. The value of this indicator ranges between 0 and 100.
The KD indicator consists of two lines:
- K line (%K): also

As global climate change intensifies and net-zero carbon emission targets advance, the energy storage industry is becoming a key driver of the energy revolution. From the widespread adoption of electric vehicles to the large-scale deployment of renewable energy sources like wind and solar power, energy storage equipment manufacturers have already become focal points in the capital markets. This article will systematically analyze investment opportunities in energy storage to help investors understand this rapidly growing industry.
Full overview of the energy storage industry chain: Who benefits?
To understand the investment value of concept stocks in energy storage, one must first grasp the complete structure of the industry chain. Energy storage is not an isolated technology but an ecosystem spanning multiple links.
Battery Manufacturing — The Key Upstream of the Industry
The core of energy storage systems lies in batteries. Whether it’s lithium batteries, solid-state batteries, or sodium-ion batteries, these energy storage device manufacturers hold the technological high ground. Challenges faced by battery manufacturers include raw material fluctuations (unstable prices of lithium, nickel, cobalt) and fierce competition from international giants. In the Taiwanese market, Xinsongli (4

The Taiwan Dilemma in the Rate Hike Cycle
Since March 2022, the Federal Reserve has launched its most aggressive rate hike cycle in nearly a decade. By the end of 2023, the cumulative rate increase was 20 basis points, with the benchmark rate rising from near zero to a range of 5.00%–5.25%. This round of rate hikes has been unprecedented—between June and November 2022, the Fed raised rates by 75 basis points four consecutive months, setting a record in over 40 years.
What is the root cause of all this? In June 2022, US inflation indicators reached a 40-year high, forcing the Fed to adopt aggressive measures. Although inflation has eased somewhat, it remains far from the 2% target. Complicating matters further, the banking crisis that erupted in 2023 has cast a shadow over future interest rate policies.
According to market expectations, the Federal Reserve may continue to adjust interest rates in 2024. While the probability of a new round of rate hikes appears to be decreasing, the likelihood of a pause or cut remains uncertain.

The gold market's performance in 2024–2025 is remarkable. From breaking the record of $4,300 per ounce last October to recent fluctuations and adjustments, what market logic is hidden behind this trend? For investors interested in participating, understanding the core drivers of gold price movements is crucial.
Industry institutions remain optimistic about gold price prospects
In recent market volatility, major global investment banks have not changed their long-term outlook for gold.
JPMorgan's commodities team considers the current correction a "healthy market adjustment" and has raised its Q4 2026 target price to $5,055 per ounce. Goldman Sachs' strategy department maintains a target price of $4,900 by the end of 2026, indicating confidence in the medium-term trend of gold. Bank of America is more aggressive; after previously raising its 2026 target to $5,000, analysts recently stated that gold may even continue to in the future.

The gold market has become a global investment hotspot in 2024–2025. After a rally to a historical high in October, many investors are torn: should they enter now to buy gold? What will be the trend of gold prices in 2025? Understanding the underlying logic driving gold market movements is essential for making wiser decisions.
Why has gold XAU/USD become a focal point?
According to Reuters data, the increase in gold prices in 2024–2025 is close to the highest in 30 years, surpassing 31% in 2007 and 29% in 2010. This rally is not accidental but driven by multiple factors stacking up.
Three core factors fueling the rise in gold prices
Factor 1: Safe-haven demand brought by policy uncertainty
Since the start of Trump’s policy cycle, a series of tariff measures have triggered market expectation changes. Based on historical experience (such as the US-China trade war in 2018), gold prices typically experience a 5–1

The Australian dollar is the fifth most traded major currency by global trading volume, and the AUD/USD exchange rate is also actively traded in the international foreign exchange market. However, over the past decade, the Australian dollar has generally performed relatively weakly. Aside from its advantages of high liquidity and low spreads, the long-term downward trend has become a market consensus.
Ten-year trend dilemma of the Australian dollar: victim of the strong dollar cycle
From the 1.05 level at the beginning of 2013, the AUD/USD has depreciated by over 35% over the following ten years, while the US dollar index has risen by 28.35% during the same period. This is not just an issue for the Australian dollar; major currencies such as the euro, yen, and Canadian dollar have also depreciated against the US dollar, reflecting a global shift into a prolonged strong dollar cycle.
The COVID-19 pandemic in 2020 was an exception. At that time, Australia's pandemic control performance was relatively stable, Asian markets had strong demand for commodities like iron ore, and the Reserve Bank of Australia's policies aligned, causing the AUD to appreciate about 38% against the dollar within a year. But this was just a brief fluctuation.

By December 2025, the Taiwanese dollar to Japanese yen exchange rate is approximately 4.85, up 8.7% from 4.46 at the beginning of the year. As the popularity of travel to Japan rebounds and risk aversion increases, many people are starting to plan to exchange for Japanese yen. But do you know? Exchanging 50,000 TWD using the wrong method could cost you an extra 1,500-2,000 yuan.
Why should you pay attention to the JPY exchange now?
From travel to investment, the value of the Japanese yen has gone beyond the scope of "pocket money for going abroad."
From the perspective of travel and daily consumption
Cash remains the main payment method across Japan (credit card penetration is only 60%). Whether shopping in Tokyo, skiing in Hokkaido, or vacationing in Okinawa, most merchants only accept cash. Buyers and Japanese online shopping enthusiasts also need to pay in yen regularly. Students studying abroad or working holidaymakers often exchange currency in advance to lock in the exchange rate.
From the perspective of financial assets
The Japanese yen is one of the world's three major safe-haven currencies (along with the US dollar and Swiss franc). Japan's economy is stable, and debt is manageable. During market turbulence, capital flows into the yen.

Wait, first understand the exchange rates: how to exchange Hong Kong dollars, Japanese yen, and New Taiwan dollars?
Many people are eager to go abroad but don't understand the concept of exchange rates. For example, as of December 10, 2025, the NT dollar to Japanese yen is about 4.85, meaning 1 NT dollar can be exchanged for 4.85 yen. Similarly, if you want to understand how many NT dollars equal one Hong Kong dollar, you just need to check the spot exchange rate of the Hong Kong dollar (about 1 HKD = 3.8 TWD). Mastering this logic allows you to judge the pros and cons of different currency pairs.
Exchanging foreign currency seems simple, but it actually hides huge cost traps. Someone spends 50,000 TWD but loses an extra 1,500 TWD— the difference lies in choosing the wrong currency exchange channel.
Why is it worth considering exchanging Japanese yen now?
Japan is not just a travel destination; the yen itself has financial asset value.
In terms of travel and daily life, Japanese merchants still mainly use cash (credit card penetration is only 60%), and purchasing agents, studying abroad, and working holidays all require

This week's Bitcoin performance can be described as "a continuous downward trend." Although it managed to hold above $90,000 during the Asia session on Thursday, the price has already fallen to the $87.75K level, nearly a 30% reduction from the high of $126K. More concerning is that this decline is not just market noise but a genuine and powerful wave of selling.
Technical Indicators Sound the Alarm
Death Cross Officially Formed
Bitcoin's 50-day Exponential Moving Average (EMA) has crossed below the 200-day EMA, forming a "Death Cross"—a notable bearish signal. Currently, BTC is well below both moving averages, indicating that the bulls face significant overhead resistance before any rebound can be considered. The downward momentum of the short-term moving averages typically signals the initiation of longer-term downward energy.
Dual Warnings from ADX and RSI
The Average Directional Index (ADX) has reached 38.25, well above the 35 threshold for a strong trend. This suggests that the current decline is not disorderly

Why Should Small Investors Know About Fractional Shares?
Many people mistakenly believe that entering the stock market requires a large sum of money to buy whole shares (1000 shares per lot). However, since the Taiwan Stock Exchange opened intraday fractional share trading at the end of October 2020, the investment threshold has been significantly lowered. Now, with around 1000 NT dollars, you can purchase shares of your favorite company, making it an excellent entry point for budget-conscious office workers.
Understanding How Fractional Shares Work
Definition and Origin of Fractional Shares
Fractional shares refer to shares less than 1000 shares (one lot), with the minimum trading unit being 1 share. These fractional shares usually originate from two situations: first, when an investor's order is not fully executed, or due to rapid stock price fluctuations causing the executed quantity to fall short of expectations; second, from the distribution of fractional shares during stock splits or corporate actions.
Detailed Breakdown of Trading Sessions
Intraday fractional share trading and after-hours fractional share trading offer different investment opportunities:
Market

In 2025, the gold market will once again ignite investment enthusiasm, with gold prices surpassing $4,300 per ounce. Among major investment communities, discussions about the "Gold Bank Passbook" are continuously gaining momentum. Many novice investors face the same dilemma: should I use a gold passbook or gold ETFs? What are the key points to consider when opening a gold bank account?
This article will start from the basic knowledge of gold bank accounts, thoroughly breaking down the account opening process, fee structure, and trading strategies. It will also compare these with other gold investment methods in depth, helping you quickly find the most suitable investment path.
What exactly is a gold passbook investment tool?
A gold bank account (commonly known as a gold passbook) is a digital-only gold investment method without physical gold. You deposit funds into a gold bank account, and the bank system will instantly convert TWD into grams of gold and record it in the account. Unlike traditional physical gold bars, gold passbooks are stored within the gold banking system, eliminating the risk of self-storage.

Stock prices skyrocketed by 100% in the short term, which seems like a good thing, but when you actually place an order, you find yourself stuck—orders are only matched every 5 minutes, margin trading is frozen, and full payment is required. At this point, you might have already fallen into the trap of disposal stocks.
So, what exactly are disposal stocks? Why are there so many restrictions? Most importantly—how long are disposal stocks disposed of, and can they still rise after being lifted? These questions are worth understanding thoroughly.
A quick comparison: Normal Stocks vs. Disposal Stocks
In simple terms, disposal stocks are a "isolation measure" implemented by the Taiwan Stock Exchange for stocks with abnormal trading behavior. Sharp short-term surges or drops, extremely high turnover rates, abnormal trading volume—if a stock meets these conditions, it will first be placed on the "Attention Stock" list, and may later be upgraded to a "Disposal Stock."
How strict are the trading restrictions after the upgrade? Let's compare directly:
| Item | Normal Stocks | Disposal Stocks |
|------|----------------|----------------|

Recently, the US labor market has shown weakness, with non-farm employment decreasing and the unemployment rate rising. Market expectations for interest rate cuts have diminished, causing the US dollar index to strengthen. Gold faces selling pressure and has failed to break higher, while WTI crude oil has rebounded but still faces downside risks. The Nasdaq 100 index's downward momentum has increased, and caution is needed for a lack of rebound strength. Investors should pay attention to macroeconomic data and policy developments.

Many people interested in entering overseas investments will immediately hear the term "sub-brokerage." But what exactly is sub-brokerage, will the fees be unreasonable, and how to choose the most cost-effective option? These questions often leave beginners confused. Instead of blindly opening accounts, it's better to first get the basics right.
What exactly does sub-brokerage do? The operating logic is actually not complicated.
It involves entrusted buying and selling of foreign securities—this is the formal name of sub-brokerage. It sounds impressive, but it simply means that Taiwanese brokers assist you in handling overseas transactions.
Specifically, the entire trading process is as follows: you place an order with a domestic broker → the broker forwards the order to an overseas partner broker → the overseas broker executes the trade directly on the local exchange → the results are sent back to you. Because the order passes through an intermediary, it's called "sub-brokerage," or in English, "Sub-brokerage."
Why go through such trouble? Because opening an overseas account directly for Taiwanese investors is...

Many people are both curious and confused about blockchain technology. What exactly is it? What can it be used for? How does it work? This article will guide you through the world of blockchain in an easy-to-understand way.
Core Concepts of Blockchain
Understanding in the simplest way
Imagine a ledger maintained by many people collectively; this is the essence of blockchain. Unlike traditional ledgers controlled by a single institution, blockchain is distributed among participants worldwide, with no central authority.
Origin of the Name
The name "blockchain" comes from its unique data structure. Each transaction is recorded in a "block," similar to a page in a ledger. When a block is filled, a new block is created, and these blocks are linked together in chronological order through cryptographic techniques (Chain), ultimately forming what we call the blockchain.

The international gold market has been hot recently, with gold prices rising to a historic high of $4,400 in October, followed by a pullback that has prompted investors to consider whether to enter the market. Factors driving up gold prices include safe-haven demand, interest rate expectations, and central bank gold purchases worldwide. Additionally, high debt levels, US dollar depreciation, and geopolitical risks also influence prices. Institutions remain optimistic about gold price prospects, predicting continued growth in the future. Investors should develop strategies based on their own circumstances, but must remain cautious of short-term fluctuations and risks. Diversification is a wise approach.