**: Giant Elephant Gold
Dig and dig, buy and buy.
Saudi Arabia recently announced the discovery of multiple new gold deposits in the southern area of the Mansoura Masala gold mine, stretching for 125 kilometres, constituting a world-class gold district. The gold samples contained up to 104 grams and 206 grams, showing the high-density nature of the gold deposits in the area. The mining of these gold mines is not only expected to help diversify the Saudi economy, but also provide a significant boost to the Saudi economy.
In the market, China is about to usher in the Spring Festival, and consumption is gradually entering the peak period. The market listing of jewelry has exceeded 600 yuan per gram, while at the beginning of last year, it was about 420 yuan. Despite the continuous climb, sales are still hot, especially among young consumers. On the first weekend of the new year, sales of ** jewelry, gold bars and ancient craft bracelets with the theme of the Year of the Dragon zodiac doubled.
Experts point out that in the coming period, the market is expected to experience significant fluctuations due to the influence of many complex factors in the international market, but the overall trend may be upward.
The "first shot" of interest rate cuts may be in the third quarter, focusing on the US CPI on Thursday
One of the key factors affecting the international gold price is the monetary policy of the Federal Reserve. Federal Reserve Governor Bowman recently said that he supports starting to cut interest rates after inflation falls further. This implies that interest rates are necessary to remain high until inflation is lowered towards the 2% target. Atlanta Fed President Bostic also pointed out that although the decline in inflation has exceeded expectations, inflation is still moving closer to the 2% target, and it is too early to declare a victory for monetary policy tightening (QT). There are likely to be two rate cuts this year, the first of which may take place in the third quarter of this year.
Overall, the attitude of these two policymakers suggests that the inflation target has not yet been met and that interest rate cuts are not yet urgent. Markets are now focused on the US CPI data, which will be released on Thursday. The current U.S. inflation rate (CPI) is 31%, which is still some way from the ultimate target of 2%, and the inflation data for December is expected to be 33%。If inflation data**, then the probability of a rate cut will be greatly reduced. If inflation rises instead of coming down, then raising interest rates will be necessary. Therefore, core data such as non-farm payrolls and CPI data, which determine the Fed's monetary policy, will be the key factors affecting short-term gold prices, especially the inflation data on Thursday.
The overall trend is upward, and it is time to invest
At present, the global geopolitical situation remains volatile, especially in the Middle East, which is providing support for gold and silver**. In addition, the trend of direct purchases by central banks also shows a bullish attitude towards **. While the near-term performance of the market will be influenced by this week's inflation data, the long-term fundamental outlook remains favourable and it is only a matter of time before rates are cut. This upward trend is likely to continue for many years.
In the lively investment market, many people choose to buy physical goods, such as jewelry, gold bars and beans. However, physical items often suffer from wear and tear, especially jewellery, which tends to have a lower actual holding value than its own value due to processing costs, and is therefore more suitable as a consumer product than an investment vehicle.
On the other hand, electronic trading products such as spot products are different from other investment products because they have the characteristics of two-way trading, while electronic trading products such as spot trading only support one-way trading, that is, buy low and sell high strategy. In spot trading, investors can profit from the gold price through a shorting strategy. Compared with other investment methods, such as ***, it provides 24-hour T+0 two-way trading, and there is no restriction on trading time, holding time and trading direction. It requires less leveraged capital, provides more profit opportunities and more flexible trading rules, and does not appear at a premium in the market, making it easier to achieve gains. Therefore, as a global investment product, the T+0 model and 24-hour trading availability make it the preferred choice for investors.