The gold market has once again surged! On December 12, the spot gold price continued to rise, once breaking through $4350 per ounce, just a step away from the historical high. Although it slightly retreated afterwards, it still attracted significant market attention. Meanwhile, the prices of domestic brand gold jewelry also climbed simultaneously. As of December 13, the price of Lao Miao gold jewelry has reached 1352 yuan/gram, while Chow Sang Sang is at 1351 yuan/gram, both standing above the 1350 yuan/gram mark; Chow Tai Fook gold jewelry is priced at 1348 yuan/gram, and Luk Fook Jewelry is at 1346 yuan/gram.
The current strong performance of gold prices is mainly driven by factors including: the latest Federal Reserve resolution being less hawkish than previous market expectations, coupled with an ongoing strengthening of market expectations for a shift toward loose monetary policy in the future. In addition, the weakening of the dollar and the decline in U.S. Treasury yields have also provided further support for gold prices. #加密市场反弹 #黄金
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