CryptoPunster
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After experiencing an increase of nearly 2% last week, the gold market saw a pullback during the Asian trading session on Monday this week. Currently, the gold price is quoted at 3312.45 US dollars, down 0.49% compared to the previous trading day.



Market participants are closely monitoring the progress of trade negotiations ahead of the upcoming U.S. tariff deadline. Notably, U.S. officials have hinted that some trade negotiations may extend beyond the established date, bringing new uncertainty to the market.

Despite a temporary easing of risk aversion, gold prices have already accumulated an increase of over 25% this year. The main driving forces behind this significant rise come from two aspects: first, central banks around the world continue to increase their gold reserves, and second, there is a constant inflow of funds into gold ETFs.

Analysts point out that although gold prices have experienced a short-term pullback, considering factors such as the slowdown in global economic growth and the ongoing geopolitical risks, the attractiveness of gold as a safe-haven asset remains strong. However, investors also need to be cautious about the potential pullback risks that may arise after a rapid increase in gold prices.

The future gold price trend will continue to be influenced by multiple factors such as the global trade situation, monetary policies of various countries, and macroeconomic data. Investors should closely monitor changes in these key factors in order to timely adjust their investment strategies.
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PessimisticLayervip
· 6h ago
Cut Loss ran away, feeling bad
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AllInAlicevip
· 6h ago
Gold is forever divine.
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LiquidatorFlashvip
· 6h ago
0.49%? Triggered Close Position line, beware of borrowing threshold.
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NftDataDetectivevip
· 6h ago
meh... just another -0.49% dip after that sweet 25% run
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MetaverseVagrantvip
· 6h ago
We are just having some fun; it's quite normal for things to rise and fall.
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AirdropSweaterFanvip
· 6h ago
Buy! The earlier you buy, the more you earn! No more words needed.
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