Core Viewpoint - Recent fluctuations in gold prices are primarily influenced by the relationship between China and the U.S., as well as the ongoing Russia-Ukraine conflict [4]. Group 1: Factors Influencing Gold Prices - The recent improvement in U.S.-China relations, indicated by the June 5 phone call between the leaders, suggests a potential easing of trade tensions, which could stabilize global markets and reduce the demand for gold as a safe-haven asset [4]. - The Russia-Ukraine conflict, while currently limited, could lead to increased demand for gold if the situation escalates. However, the current restraint from both sides indicates limited immediate impact on gold prices [4]. Group 2: Current and Future Price Predictions - Current gold prices are approximately 830 yuan per gram, which is considered a high point [6]. - It is anticipated that gold prices may fluctuate between 750 and 780 yuan per gram in the short term, with a potential drop to around 680 yuan if substantial progress is made in U.S.-China relations [7]. - The likelihood of gold prices falling below 650 yuan is minimal due to the absence of significant interest rate hikes from the Federal Reserve and the European Central Bank [7]. Group 3: Long-term Considerations - Long-term gold price trends will be influenced by global inflation, changes in monetary policy, and fiscal policies across countries, leading to potential volatility [7]. - While gold can be a part of an investment strategy, it is advised to diversify investments rather than concentrating solely on gold due to inherent market risks [9].

Group 1 - The core viewpoint indicates that Trump is willing to resume tariff negotiations under pressure from the EU, leading to a drop in spot gold prices and a tense market environment [1] - The ongoing uncertainty in the Russia-Ukraine situation is highlighted, with Trump publicly condemning Putin and the EU considering new sanctions against Russia [1] Group 2 - The market sentiment is described as being in a state of contention, with various indices showing differing levels of bullish and bearish positions [3][4]

Core Viewpoint - The U.S. President Trump emphasized the significant stakes the country has in the Russia-Ukraine situation [1] Group 1 - The U.S. has considerable interests in the ongoing conflict between Russia and Ukraine [1]

Group 1 - Gold prices opened higher on April 28, reaching around 3336/3337 before facing resistance and dropping to a low of approximately 3268, eventually stabilizing [2] - The market experienced fluctuations during the European session, trading within the range of 3330-3370, and saw a significant upward movement during the US session, peaking at around 3353 [2] - The recent price action resulted in a daily candlestick with a long lower shadow, indicating potential bullish sentiment [2] Group 2 - In terms of fundamental factors, Trump stated that there are no red lines that could change the tariff policy, while the US Treasury Secretary indicated that a preliminary trade agreement might be reached soon, potentially involving India [3] - The ongoing Russia-Ukraine situation includes a proposed 72-hour ceasefire during the Victory Day celebrations, and a potential mineral agreement between the US and Ukraine [3] - Iran has suggested meeting with European representatives before the next round of talks with the US, with discussions possibly occurring on May 3 [4] Group 3 - From a technical perspective, gold has entered a phase of consolidation after significant declines, with alternating bullish and bearish daily candlesticks [5] - The 5-day and 10-day moving averages have formed a death cross, typically signaling a weakening short-term trend, yet recent price increases have positioned gold above these averages [5] - The four-hour chart indicates a consolidation channel, with key resistance levels identified at 3367-3371 and 3376/3377, while support levels are at 3373/3371 and the critical low of 3360 [7] Group 4 - Upcoming financial data and events to monitor include the German Gfk consumer confidence index, Eurozone industrial and economic sentiment indices, and various US economic indicators such as JOLTs job openings and consumer confidence index [8]