Yesterday, spot gold continued to fluctuate, once breaking through the $1,900/ounce mark, but then fluctuating back from its highs. Today, spot gold rebounded at the opening, but the overall trend is still volatile. As of press time, spot gold is trading at $1,881.61 per ounce, a

2024/06/2605:12:32 hotcomm 1713

Yesterday, spot gold continued to fluctuate, once breaking through the $1,900/ounce mark, but then fluctuating back from its highs.

Today, spot gold rebounded at the opening, but the overall trend was still volatile. As of press time, spot gold was trading at $1,881.61 per ounce, an increase of 0.44%.

In fact, there have been two major bombshells in the market recently. First, Trump signed the $900 billion stimulus bill , and then The House of Representatives agreed to increase the bailout check from US$600 to US$2,000 in return. News of the US stimulus bill caused gold to fluctuate. abnormal.

Some analysts pointed out that the uncertainty of U.S. fiscal policy and the prospect of additional easing of monetary policy are still positive for U.S. dollar-denominated precious metal prices, but the further spread of vaccine injections around the world will boost future economic expectations and suppress Safe-haven buying needs.

And the current US$1,900 is an important threshold to prevent the continued rise of gold prices . If the gold price breaks through US$1,900, it may revive the gold bulls. In general, the price of gold is expected to soar above US$2,000 in 2021,

Finally, The international gold price has surged and plummeted. What will be the intraday trend of domestic gold?

The following are the quotations of some gold stores:

The quotations above are obtained from the official websites of major gold stores. There are slight differences due to different regional stores. Please refer to the quotations of physical gold stores in each region on the same day. The data is for reference only~

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