As the price of gold rises, some are happy and some are worried: the retail market is 'bullish but buying less', while mining enterprises are collectively making a profit.

①Spot gold reached a historic high of $2480/ounce, with a cumulative increase of 20% so far this year; the domestic retail brand jewelry gold price broke through 750 yuan per gram; ②The upstream mining companies of the gold industry chain generally have pre-increasing performance in H1, but the gold retail market continues to be sluggish. The Shenzhen Shui'bei Gold Trading Market is popular, but there are more people looking than buying; ③Analysis believe that the price of gold may continue to rise, and the "two-faced" situation may continue.

cls.cn20:27

Too brutal! Silver saw a 3% crash, what's next for silver prices?

According to FXStreet analyst Christian Borjon Valencia, silver plummeted over 3% on Wednesday due to profit-taking and has fallen significantly below $31/ounce.

FX16808:28

Gold suddenly experienced a deep correction, with the price dropping more than 30 dollars after hitting a historic high. How to trade gold?

During the New York session on Wednesday, spot gold experienced a big drop, with the price falling more than $30 from the historical high reached within the session, and it approached the $2450/ounce mark. Analysts pointed out that despite the decline in the US dollar and US bond yields, the gold price still retreated, mainly due to trading driven by investors taking profits.

FX16808:04

Gold "takes flight", Bridgewater's founder Dalio once again supports!

Ray Dalio believes that gold, which is at a record high, still remains attractive.

Golden10 DataJul 17 21:39

As the US dollar weakens, the prices of industrial metals rise.

London copper futures prices have recently slightly increased, mainly due to the dual impact of the weakening of the US dollar and the expected reduction in production of Chinese smelters.

Zhitong FinanceJul 17 20:58

Technical report from Liu: Pay attention to this key resistance level for gold, while US oil is challenging its first resistance level.

Silver should pay attention to whether it can return to this level. The US dollar is still bearish, and Europe and the United States are testing the main resistance.

Golden10 DataJul 17 20:55