The most popular gold among the Chinese experienced significant fluctuation in April, with the gold price surging to $3,400 last month, before dropping all the way down to $3,211. According to Economictimes, the fall in gold prices may be influenced by the easing of global trade tensions, coupled with the fact that China is currently in the May Day holiday, leading to a market closure. This has resulted in a short-term liquidity vacuum as the world's largest gold-holding country is selling more than it is buying.

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GateUser-7244cc79vip
· 05-04 08:39
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MirrorMysteryvip
· 05-04 08:39
Economictimes reminds that the focus will be on next week's U.S. non-farm employment report to gauge future economic prospects. Data released last Wednesday showed that the overall U.S. economy was in a recession in the first quarter, with businesses in a wait-and-see mode regarding Trump's tariff sanctions and potential developments. Many businesses imported large quantities of goods before the tariffs took effect, leading consumers to rush to purchase and stockpile products. The personal consumption index in the U.S. remained flat in March. Currently, all eyes are on the upcoming U.S. Nonfarm Payrolls Report (Nonfarm Payrolls Report) set to be released on Friday. Federal Reserve policymakers indicated that interest rates will remain unchanged unless there are clear signs of inflation dropping to 2% or a continued deterioration in the job market.
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GateUser-7244cc79vip
· 05-04 08:38
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GateUser-7244cc79vip
· 05-04 08:38
Steadfast HODL💎
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