24 Analysis of the trend of international gold price market

Analysis of international gold price market trend analysis

The price of international gold has always been one of the focus of global investors and market attention, and its price fluctuations are affected by various factors.What is the trend of international gold prices in the past 24 hours?This article will analyze this.

The impact of global economic situation on gold prices

First of all, the global economic situation is one of the important factors affecting the fluctuation of gold price.When the global economy is facing uncertainty and risks, investors often turn to risk aversion assets, including gold.Recently, with the continuous existence of factors such as trade war and geopolitical tensions, the market is concerned about future economic prospects, which may promote the rise in gold demand.

The relationship between US dollar exchange rate and gold price

Secondly, there is an anti -related relationship between the US dollar exchange rate and international gold price within 24 hours.Under normal circumstances, strengthening the dollar will make investors more inclined to hold the US dollar and reduce the purchase of other currencies or products (including gold), which will lead to the decline in international gold prices. On the contrary, if the US dollar is weak, it will usually push international crude oil.The value of non -US currency pricing and other non -US currencies such as commodities.

Geopolical events on market emotions

In addition, major geographical political events that have occurred in the past 24 hours may also cause market panic and push up the demand for risk aversion.For example, when incidents such as tight situations in the Middle East and increasing the Korean Peninsula issues occur, investors often seek safety avoidance and choose to buy more valuables as value preservation.