Risk aversion is rising, gold is back above the $2700 level.
Recently, gold futures have recorded the largest weekly increase since March 2023, ending three consecutive weeks of decline.
Gold Scores Strongest Weekly Gain Since March 2023, but Base Metals Struggle
GLD ETF Rises 1.3%
SPDR Gold ETF Options Spot-On: On November 22nd, 245.21K Contracts Were Traded, With 2.9 Million Open Interest
On November 22nd ET, $SPDR Gold ETF(GLD.US)$ had active options trading, with a total trading volume of 245.21K options for the day, of which put options accounted for 38.74% of the total
Gold Rises for Fifth Day on Safe-Haven Demand as Dollar Rises to Two-Year High
Exchange-Traded Funds, Equity Futures Edge Lower Pre-Bell Friday Ahead of Business Activity Data
The gold price has returned to $2700, and China Construction Bank continues to raise the entry threshold for individual gold rsp, conservative and cautious customers will no longer be able to invest in this product.
On the evening of November 22, China Construction Bank Corporation announced that starting from tomorrow, it will adjust the risk rating of the Easy Gold (physical gold rsp) product to 'medium risk.' Conservative and cautious customers will not be able to carry out the aforementioned 'Easy Gold' corresponding trades.
Express News | German banks: Swiss gold exports reflect the recovery of gold demand in Western countries.
Asia Mixed, Europe Mostly In Red; Dollar Hits 13-Month High - Global Markets Today While US Slept
Daily options tracker | Attacked by short sellers! MSTR's implied volatility soared to 211%, reaching a new high for the year; Nvidia options trading volume nearly doubled, with the call/put ratio rising to 66.2%.
Performance exceeded expectations! Snowflake rose by over 30%, with the call ratio soaring to 69%. The volume of options increased by 2.36 times month-on-month to 0.677 million contracts; on the options chain, the highest volume of call options at a strike price of $175 reached 0.028 million contracts, followed by the call option with a strike price of $180 expiring next Friday, with a volume of 0.023 million contracts.
Spot gold briefly rose above the $2,700 mark as the escalating conflict between Russia and Ukraine highlighted the appeal of safe-haven assets.
① The spot gold price is expected to achieve the largest weekly increase in over a year this week, reaching a daily high of $2700.21 per ounce; ② The situation between Russia and Ukraine has become complicated, with Russia testing a "new type of medium-range hypersonic missile"; ③ Global central bank bids have driven gold prices to rise more than 30% since the beginning of the year.
Is the "grass-eating" trend coming to an end? Gold is expected to have the most "bullish" week in a year.
The tense geopolitical situation has once again boosted, and the road to new highs for gold may not be over yet.
Gold has suddenly exploded! The gold price has surged nearly 30 dollars in one day. What will happen next? The analyst's latest technical analysis.
During the early European session on Friday, spot gold prices suddenly surged again in the short term, with the price approaching $2700 per ounce and a nearly $30 increase within the day. FXStreet analyst Haresh Menghani wrote that on Friday, gold prices rose for the fifth consecutive day, reaching a high point in nearly two weeks. The escalating Russia-Ukraine conflict continues to drive the safe-haven capital trend towards gold.
Renowned institutions' gold trading analysis: Gold prices are expected to rise by over $20 again.
At the end of the Asian market on Friday, spot gold maintained a sharp rise during the day, with the current price around $2689 per ounce, a daily increase of about $20. According to Economies.com, the outlook for gold remains bullish, with potential to rise to $2710.00 per ounce.
Gold Prices Rise, Set for Strong Weekly Gains on Russia-Ukraine Jitters
Bitcoin hits a new high, racing toward 0.1 million dollars! The asset management scale of bitcoin etf is expected to surpass that of gold etf.
① As bitcoin continues to reach new highs and approaches the $0.1 million mark, the asset management scale (AUM) of us etfs directly investing in bitcoin surpassed $100 billion for the first time this Thursday; ② This also brings us cryptocurrency investors closer to achieving a long-awaited goal: for the asset management scale of bitcoin etfs in the usa to exceed that of gold etfs.
A sudden major event in gold! Gold prices surge past $2685 as North Korea's leader issues a shocking warning. FXStreet senior analyst analyzes the technical outlook for gold prices.
On Friday during the Asian market, spot gold suddenly surged sharply, with gold prices just breaking through 2,685 dollars per ounce, a daily increase of nearly 17 dollars. FXStreet senior analyst Pablo Piovano wrote that under the support of geopolitical tensions, gold prices continue to rise. Currently, the short-term upward resistance for gold prices is at 2,700 dollars per ounce.
Breaking news from the Russia-Ukraine battlefield! Putin suddenly makes an important announcement. Gold price soared nearly $20. How to trade gold?
On Thursday, due to escalating tensions between Russia and Ukraine, safe-haven demand soared, with the spot gold price rising for the fourth consecutive trading day and hitting a high point of over a week. David Meger, Managing Director of Metal Trading at High Ridge Futures, said, "In the past few days, this has indeed been the major geopolitical factor affecting the gold market, with the escalating tensions between Russia and Ukraine being the most noteworthy market driver."
The Founder of the Biggest Gold ETF Is Still Bullish 20 Years Later
Industry experts: Gold pullback may provide a good buying opportunity.
On November 22, according to China Securities Journal, the international gold price has once again surged after a correction. Many domestic and foreign institutions expressed a bullish outlook on the medium to long-term investment potential of gold, and the recent pullback provides a good opportunity to buy; gold remains an effective symbol for diversifying portfolio risks.