Group 1 - The recent decline in gold prices, following a peak in April, is attributed to positive outcomes from the US-China trade talks, which have improved market sentiment and led to a sell-off of safe-haven assets like gold [1][2] - Short-term factors affecting gold prices include the progress in trade negotiations and a decrease in geopolitical risks, alongside increased expectations for delayed interest rate cuts by the Federal Reserve [1][2] - Despite the recent pullback, experts believe that long-term trends remain bullish for gold due to ongoing geopolitical tensions and economic uncertainties, which are expected to sustain demand for gold as a safe-haven asset [2][3] Group 2 - The World Gold Council reported that global gold demand reached 1206 tons in Q1 2025, a 1% year-on-year increase, with gold ETF demand surging by 170% to 552 tons, marking the highest quarterly level since Q1 2022 [3] - Analysts suggest that the current economic uncertainty may provide further upward potential for gold prices, with expectations of increased demand from institutions, individuals, and official sectors [3] - The recent cooling of risk aversion is viewed as a short-term factor, and the overall upward trend in gold prices is expected to continue, supported by ongoing global economic challenges and monetary easing policies [3]
避险情绪降温 金价紧急回调
Zheng Quan Ri Bao·2025-05-13 16:08