Gold enters the "unknown territory" as investor sentiment is pushed to the limit

Recently, gold prices have experienced a roller coaster ride. In physical gold trading, investors at the buyback counters are caught in a dilemma of profit-taking or floating losses due to price fluctuations, while the sales area remains bustling due to ongoing investment demand and essential consumption; in the financial markets, gold-themed ETFs have shown a “rebound after hitting the limit down,” with funds repeatedly switching between panic and calm. Institutions indicate that short-term volatility in gold prices has intensified, and although the long-term bullish trend remains unchanged, market turbulence risks should be watched carefully. (China Securities Journal)