Although the USD price has increased recently, with the "crawling" method of the central exchange rate, it is difficult for investors to "take the initiative" to speculate...
Around the world, although the Consumer Price Index (CPI) is still twice as high as the target, central banks in many countries have shown signs of switching from tightening monetary policy to stopping and switching back to loosening to restore economic growth. The result of this conversion will lead to a downward trend in USD prices (although the USD-Index is currently still high, at 106 points). When the USD price falls, the gold price calculated in USD will increase (the "old peak" was 2,037 USD/ounce, currently below 1,950 USD/ounce).
Around the world, although the Consumer Price Index (CPI) is still twice as high as the target, central banks in many countries have shown signs of switching from tightening monetary policy to stopping and switching back to loosening to restore economic growth. The result of this conversion will lead to a downward trend in USD prices (although the USD-Index is currently still high, at 106 points). When the USD price falls, the gold price calculated in USD will increase (the "old peak" was 2,037 USD/ounce, currently below 1,950 USD/ounce).
