RecentlyGold priceOnce again, there is a sharply ** trend, and there are even fears that this will become a precursor to the collapse of the dollar. But whyGold priceWhat about the U.S. dollar?It turned out,As a financial product, its ** is related to the real interest rate andU.S. dollar indexThere is a close connection. U.S. dollar indexreflects the ratio of the U.S. dollar to other major currencies if the U.S. dollar appreciatesof**will**. And the US dollar has been pausing continuouslyHike rate, the market is widely expectedU.S. dollar indexwill appear **, causedGold priceTarget**. This phenomenon is well illustratedInteraction with the dollar: If the dollar depreciates, people buy it with the same dollarWhat you can getThe number will decrease, and thus push upTarget**.
In addition to the impact of financial attributes,Gold priceIt is also affected by supply and demand. Global central banksPurchaseThe number has reached an all-time high, and yetGlobal central banksThe increase in demand for gold purchases is mainly due to the gradual decline in their confidence in the US dollar. In the past, the country of the United StatesCreditThere used to be a lot of confidence in the dollar, but in recent years, a series of actions by the United States, such as sanctions against Russia due to Russia's invasion of Ukraine, have led to a re-examination of the dollar as if it were not as reliable as expected. This change in perception makes:It has become an important choice for people to avoid risk.
In the near future, not onlyGlobal central banksPurchaseThere is also a clear trend towards a significant increase in numbersGlobal central banksU.S. TreasuriesU.S. TreasuriesThe scale is constantly increasingU.S. TreasuriesThe risk of default has increased, and the risk to US dollar assets has also increased. As a result, many countries have turned the dollar into a safer one, which also pushes furtherGold priceTarget**.
It is difficult to say definitively in 2024 whether the dollar will collapse or not. But if the current trend continues, the dollar will come under tremendous pressure and may face an existential crisis. The reasons behind this are:United States**A series of operations on the dollar, as well as the gradual loss of confidence in the dollar. And this trend is likely to intensify further as the Fed embarks on a rate-cutting cycle next year.
In short, inGold priceBehind the surge is not only the impact of market supply and demand, but more importantly, the gradual decline in people's confidence in the dollar. Gold priceThe volatility sends a signal that market concerns about the US dollar are rising, and expectations of a rate cut next year are sumingGlobal central banksThis view is further supported by the buying trend. Although it is not certain whether the dollar will collapse, the current situation does not seem to be encouragingInvestmentsand central banks rightwill increase further. Therefore, holdor other safe-haven assets to deal with potential risks, which will be a wise choice.
In general,The sharp rise in the price has sent a worrying signal that the dollar may face a crisis next year. This phenomenon is inseparable from the influence of financial attributes and market supply and demand. U.S. dollar indexTarget**. Global central banksand **U.S. Treasuriesand other factorsGold priceTarget**. The future remains uncertain, but as things stand, low confidence in the dollar and heightened expectations of interest rate cuts next year could be a further boostGold price**。Therefore,Investmentsand central banks rightThe preference will increase to holdor other safe-haven assets that can effectively deal with risk. We should remain vigilant, pay attention to market dynamics, and do a good job of risk management to protect our wealth.