What is the recent trend of gold prices

International spot gold prices and silver prices have maintained their recent volatility before and after the intensive data on Thursday. The overall fluctuations throughout the day are limited. Since gold fell below $1,250 per ounce at the beginning of the week, it has failed to further open up the downward space and hovered around. Between 1234 and 1245 US dollars per ounce. What is the recent trend of gold prices? International spot gold prices and silver prices have maintained their recent volatility before and after the intensive data on Thursday. The overall fluctuations throughout the day are limited. Since gold fell below $1,250 per ounce at the beginning of the week, it has failed to further open up the downward space and hovered around. Between 1234 and 1245 US dollars per ounce. What is the recent trend of gold prices? Spot gold prices rose slightly by 0.1% on the same day, at $1,241.99 per ounce. Comex-February gold futures closed up 1.90 US dollars, quoted at 1,240.20 US dollars per ounce. The trading volume is about 30% lower than the 250-day average. In the next period of time, I am afraid that the market will no longer regard gold as a “safe-haven asset”. The reason is that while the US economy continues to show signs of improvement, the European Union (eu) countries in crisis are adopting fiscal austerity measures. Action, the acute crisis fear has been eased to a certain extent; the risk aversion that once clamored in the past few years has been replaced by risky assets such as the stock market in the near future. In addition, the market needs to pay attention to the fact that although the current trend of gold is tangled, the US dollar index has a gradually strengthening trend. Especially in the recent fierce competition for the 81 mark, this will virtually suppress the rebound of gold in the market outlook. But whether gold wins or the U.S. dollar wins, the Fed's interest rate decision to be announced at the end of this month may play a larger role. What is the recent trend of gold prices? Energy has always followed in the footsteps of gold price fluctuations, once again in the space to snipe long and short profit opportunities, in addition, whether the weakening of the dollar index can hold up the rebound trend of precious metals is still the focus of continued attention. Previous: What are the gold investment markets Next: Why are diamond prices different