#Gold and Silver Reach New Highs Again


Recently, a small position was established in spot gold, currently yielding 4.2%—the core logic is driven by both risk aversion sentiment and fundamentals: on one hand, geopolitical disturbances haven't stopped, and funds are flowing into precious metals; on the other hand, US CPI data is relatively mild, and the market is betting that the pace of rate cuts won't slow down, with gold's "inflation hedge + safe haven" properties just fitting this wave of market trends. Additionally, a light position in silver was also added, which moves in tandem with gold, and the expected rebound in industrial demand could provide extra flexibility. Hold on and wait for this trend to play out~$BTC
BTC-1,09%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)