The allure of Gold is hard to resist; restoring vitality is just a matter of time!

WisdomTree's strategist pointed out that his scenario analysis shows that the upward risks for gold prices are more significant, and any declines under the current environment may be limited.

Golden10 DataMay 13 15:07

With the easing of trade tensions, Japanese stocks are poised for their longest rally since 2009, while U.S. Futures are down, and Gold has risen sharply by 30 dollars in the short term.

The Japan Tokyo Stock Index has risen for the 13th consecutive trading day, reaching its highest intraday increase since August 2009; the India SENSEX Index fell by 0.8%, and the Pakistan KSE-100 Index rose by 0.45%; the USD/JPY has slightly weakened, dropping by 0.35% during the day; spot Gold has increased by 0.61% to $3,254 per ounce.

wallstreetcnMay 13 14:22

Defense stocks are experiencing another surge, taking the lead in the rally. Under the bullish news catalyst, maintaining momentum remains crucial.

Yesterday, the market welcomed a broad rebound, with all three main indexes closing in the green and trading volume expanding. Overall, the market is still in a structure of fluctuating upward movement.

cls.cnMay 13 09:20

Breaking news! The Ministry of Commerce announced the joint statement on China-U.S. economic and trade talks, causing Gold to plummet over 30 dollars, while Hong Kong stocks surged.

At 3 PM Peking time on Monday, the Ministry of Commerce announced the joint statement from the China-U.S. Geneva economic and trade talks, which is an important step towards significantly reducing tariffs between the two major Global economies.

Golden10 DataMay 12 15:23

After the China-US meeting, Gold experienced a short-lived plunge, and many national Banks are still warning about investment risks. Why is there a reluctance for wild fluctuations?

① After China announced that an important consensus was reached in the China-U.S. meeting, spot Gold fell to $3260 per ounce, dropping over 2% at one point during the day. ② Recently, many national commercial Banks have continued to raise the subscription minimum amount for Gold accumulation Business and clearly remind that "investment has risks." ③ Referencing the past lessons from the Crude Oil Product treasure and paper Gold incidents, Banks do not wish for Gold to experience extreme volatility, especially in accumulation Gold Business.

cls.cnMay 12 14:50

The extremes of ice and fire! The "new king of bonds" warns: Gold is expected to rise by 20%, while U.S. stocks may plummet by 20%.

Gundlach believes that the market is in a risk-off state in the medium term, he is bullish on gold prices reaching the $4,000 mark, and reiterated that the S&P 500 Index could fall to 4,500 points.

Golden10 DataMay 12 14:18