Before the storm, there is calm. Gold will usher in new power technology in the second half of the year!

Analysts predict that the global industrial cycle will deteriorate by the end of 2024 or the beginning of 2025, which will support long-term rise in gold prices.

Golden10 Data16:45

Gold plunged sharply in the short term and fell below $2325! Be careful of Powell's hawkishness triggering further selling. Analysis of gold trading from well-known institutions.

#Gold Technical Analysis# 24K99 News - In early European trading on Tuesday, spot gold suddenly and rapidly fell, with the price just falling below $2,325 per ounce, a drop of $8 within the day.

FX16815:36

What happened? Everyone is rushing to withdraw gold reserves from the USA.

Even African countries no longer dare to store their gold in the USA, highlighting the importance of holding physical gold due to the trend of gold repatriation.

Golden10 Data11:54

Gold price just fell below $2,330! The gold market is focused on two big events. FXStreet senior analyst analyzes gold technique.

On Tuesday, the spot gold experienced a short-term decline during the Asian market session, and the gold price just fell below the key level of $2330/ounce. On this trading day, gold traders will focus on the speeches of Federal Reserve Chairman Powell and the US JOLTS job vacancy data.

FX16811:48

Silver steals the show in the second quarter! Is it possible to reach a new peak of $50 this year?

Silver's ROI in the second quarter of this year exceeded that of the US stock market, gold, and copper. Analysts expect it to further appreciate.

Golden10 Data11:48

Prepare for the big gold market! The heavyweight data highly focused by Powell and the Federal Reserve is coming. How to trade gold price?

During the intraday session on Tuesday, July 2nd, spot gold maintained a moderate upward trend. Currently, the gold price is around $2334 per ounce.

FX16810:22