On March 21, Jinshi Data reported that on March 20, the Federal Reserve released a “dovish” signal overnight, causing the international Spot gold price to break through the $3050 per ounce mark during trading, setting a new historical record. Under the dual driving forces of rising expectations for interest rate cuts by the Federal Reserve and the ongoing escalation of geopolitical conflicts in the Middle East, the market has further strengthened the safe-haven properties of gold. At the same time, the performance of gold stocks shows significant differentiation. Market analysts believe that the overall valuation of gold stocks is currently at a historical low, and with gold prices fluctuating at a high level, gold stocks are expected to rebound.
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International gold prices have reached new highs, and institutions are optimistic about the rebound of gold stocks.
On March 21, Jinshi Data reported that on March 20, the Federal Reserve released a “dovish” signal overnight, causing the international Spot gold price to break through the $3050 per ounce mark during trading, setting a new historical record. Under the dual driving forces of rising expectations for interest rate cuts by the Federal Reserve and the ongoing escalation of geopolitical conflicts in the Middle East, the market has further strengthened the safe-haven properties of gold. At the same time, the performance of gold stocks shows significant differentiation. Market analysts believe that the overall valuation of gold stocks is currently at a historical low, and with gold prices fluctuating at a high level, gold stocks are expected to rebound.