Recently, the global market has ushered in a wave of "all-metal frenzy". On Friday, gold and silver prices soared again, with silver prices climbing to an 11-year high and gold prices returning to their all-time highs in April. After an epic short squeeze in New York copper, copper prices on the New York and Shanghai exchanges hit new highs.
Over the weekend, many gold stores quickly raised the retail price of gold. At present, the price of gold jewelry of various domestic brands has reached around 740 yuan/gram, and the prices in many gold stores have refreshed previous records.
As of Friday's close, COMEX gold rose 1.44% to $2,419.8/ounce, and London gold was at $2,414.500/ounce, up 1.61%. COMEX silver rose 6.36% to $31.75/ounce, and London silver was at $31.490/ounce, up 6.68%, with silver prices hitting a new high since 2013.
So, will the prices of gold and silver continue to rise? According to historical data and current market conditions, the prices of gold and silver are likely to continue to rise in the future.
First, from the historical data, the price of gold and silver is closely related to the global economic situation. When the global economy is in recession, people usually buy gold and silver as a hedge; when the global economy is booming, the opposite will happen. Therefore, if the global economy continues to be sluggish or there are uncertainties (such as trade frictions, geopolitical risks, etc.), it may lead to more people choosing to buy gold and silver to avoid risks, thereby pushing up the price of gold and silver.
Secondly, from the current market situation, due to the general implementation of loose monetary policies by central banks of various countries to stimulate economic growth, the phenomenon of excess liquidity is serious worldwide. In this case, investors often choose to buy products with value preservation functions to resist inflationary pressure. As a traditional safe-haven asset, gold and silver naturally become the target of choice for many investors. At the same time, as the digital currency market gradually matures and relevant regulations continue to improve, more and more people are beginning to pay attention to the field of digital assets. However, due to the high volatility of the digital currency market and the lack of a regulatory mechanism, many investors are cautious about investing in this field. In contrast, gold and silver, as traditional safe-haven assets, are more stable and reliable, and therefore are favored by the majority of investors.
Finally, from a technical perspective, the prices of gold and silver have broken through the previous resistance level and have shown a clear upward trend line. This shows that the market bulls are strong and are expected to continue to push up the prices of gold and silver in the short term. However, it should be noted that any investment has risks, especially short-term speculation is more susceptible to market sentiment and leads to sharp price fluctuations. Therefore, when investing in gold and silver, you should fully consider your own risk tolerance and comprehensively judge the market trend based on fundamentals and technical aspects to avoid blindly following the trend and causing unnecessary losses.
In summary, although the prices of gold and silver have shown a clear upward trend recently, we cannot simply assume that they will continue to rise. Investors should look at market changes rationally and adjust investment strategies according to actual conditions in order to better seize opportunities and control risks.#黄金代币化 #BTC走势分析 #5月市场关键事件 #ETH 