Experts Predict Gold Prices in Q2 to Focus on Bottoming Out and Range-Bound Recovery
Looking ahead to the second quarter, experts believe that in the short term, gold prices will be significantly pressured by the strengthening dollar, which is a result of the surge in oil prices triggered by escalating Middle East geopolitical conflicts. The trend of gold prices in the second quarter will be primarily characterized by bottoming out and range-bound recovery. Additionally, one should not overestimate the impetus for global central bank gold purchases. (Shanghai Securities News)
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