---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/43278595.md"
description: "Reason 1 for gold: It really surged in the past couple of days. Even without understanding technicals, it's obvious that it broke through a certain threshold.Reason 2: The US dollar intervened to save the yen. The last time was in August 2024.Reason 3: The South Korean government actually bought gold.Reason 4: My hands were itching, but I didn't dare buy anything else, so I bought some gold."
datetime: "2026-08-07T14:27:44.000Z"
locales:
  - [en](https://longbridge.com/en/topics/43278595.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/43278595.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/43278595.md)
author: "[Owhathappen](https://longbridge.com/en/profiles/14570350.md)"
---

# Reason 1 for gold: It really surged in the past co…


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