rise.
There are no assets that only rise and never fall. Recently, the price of gold and silver have risen too much. Once profit-taking funds are released, they will fall sharply. After a period of adjustment, it will rise in the medium and long term.
four
Mo Kaiwei, a researcher at the China Local Institute of Finance: There may be a process for gold price increases in the future.
I think the rescue plan implemented by many countries around the world to stimulate economic growth will continue, and the scope may be expanded. Some countries may also adopt measures such as reducing interest rates and increasing currency issuance to stimulate the economy. Global currency proliferation will also face a longer process. Global currency devaluation or inflation cannot be fully resolved in the short term.
Due to the existence of these factors, it is estimated that the price of gold plummeted is just a normal adjustment, and it may not be ruled out that some international hot money manipulating behavior is at fault. There may be a process for future gold price increases.
Five
Zhang Wei, an analyst at Zhuo Chuang Information: There may still be downside risks in the short-term, but the medium and long-term upside potential is still great.
This sharp drop in gold and silver is related to the previous sharp rise without a break.
The recent surge in the price of gold and silver has led to strong market sentiment, and the congestion of long channels has created hidden dangers of change. In addition, the global vaccine development news is slightly positive, triggering a rebound in risk sentiment and helping to increase the yield of US debt, and gold and silver are under pressure to take back some of the previous gains. There may still be downside risks in the short-term, but the medium to long-term upside potential is still great.