1. Economic instability: When the economy is unstable, many investors will turn to safe sheltered assets such as gold to protect their assets.
2. Monetary policy: If the central bank cuts interest rates or carries out large-scale currency printing, the price of gold may rise, because people will turn to limited resources such as gold to protect their wealth.
3. Geopolitical risk: The increase of geopolitical risk may lead to a sharp rise in the price of gold. Such as war, terrorism, trade wars, natural disasters and so on. May lead to an increase in the price of gold.
4. Speculation and demand: If speculators and holders have enough confidence in the rising price of gold, they may buy more gold, which will lead to the rising price of gold. In addition, the increase in demand may also lead to an increase in the price of gold, for example, industrial use, jewelry demand and so on.
The price and market trend of gold are influenced by many factors, such as global economic situation, inflation, political and geopolitical risks. If you are considering buying gold, please do a full investigation and study to understand the market dynamics and predict the future trend. At the same time, it is also important to find an experienced financial consultant and consult their professional advice. Whether it is appropriate to buy gold depends on one's financial situation and investment objectives. It is not recommended to rely on speculation and blindly follow market actions.