Core Viewpoint - The recent decline in gold prices follows a shift in sentiment from President Trump, leading to improved risk appetite among investors and profit-taking after a significant price surge [1] Group 1: Market Reaction - Gold prices fell for the second consecutive day after initially breaking the $3500 per ounce mark, with a drop of 1.9% during early Asian trading [1] - The price of gold reached a historic high of $3500.10 per ounce before the decline began, as stock markets rebounded and both the bond market and the US dollar stabilized [1] Group 2: Investor Behavior - Investors began to take profits after the sharp rise in gold prices, which had increased over 25% year-to-date due to heightened demand for safe-haven assets amid trade tensions and deteriorating economic growth prospects [1] - The 14-day relative strength index indicated that gold was in an overbought condition, contributing to the recent price corrections [1] Group 3: Support Factors - Strong buying from central banks and gold ETF investors has provided support for gold prices despite the recent downturn [1]
特朗普转变立场平息市场担忧,金价高位回落
news flash·2025-04-23 00:29