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📌 Driving factors The latest news from the Chinese Ministry of Foreign Affairs on Wednesday showed that Chinese Vice Premier He Lifeng will visit Switzerland from May 9 to 12. During this period, he will serve as the Chinese leader of Sino-US economic and trade and hold talks with the US leader, US Treasury Secretary Benson. Beijing said that on the basis of...

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📌 Gold driving factors Driven by the weakening of the US dollar and safe-haven demand, spot gold closed up $93.77 on Monday, up 2.9%, at $3333.32 per ounce. On Monday local time, US President Trump signed an order on biomedical research, hoping to take the opportunity to promote the US pharmaceutical manufacturing industry. Trump also announced that tariffs on...

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📌 Gold Drivers Gold prices (XAU/USD) retreated slightly from intraday highs near two-week highs hit during the Asian session on Tuesday, but still held steady near $3,360, extending gains for a second day in a row. Improved U.S. economic data helped ease market concerns about a recession, providing mild support for the dollar. At the same time, signs that...

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📌 Gold Drivers Gold prices rose more than 2% on Monday, benefiting from a weaker dollar and safe-haven inflows as U.S. President Donald Trump's new tariffs reignited concerns about the impact of a global trade war. Spot gold rose by more than 2.3%, US gold futures rose by 2.4%, and the US dollar index fell by 0.4%. On Sunday, Trump wrote on his social platform...

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📌 Gold driving factors There are two aspects to look at the impact of April non-agricultural data on the gold market. One is the data itself and the existing economic environment, and the other is combined with the technical aspect. The market itself is troubled by the tariff issue. Whether it is the US stock market or the US dollar, it needs good economic...

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📌 Gold driving factors There are two aspects to look at the impact of April non-agricultural data on the gold market. One is the data itself and the existing economic environment, and the other is combined with the technical aspect. The market itself is troubled by the tariff issue. Whether it is the US stock market or the US dollar, they all need good...

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📌 Gold information Today, the market will usher in the heavy non-farm data for April. From the expected value, there are only 130,000 people, far lower than the expected 228,000 people, and the unemployment rate remains at 4.2%. If we refer to the unsatisfactory ADP data in April, then the number of non-farm people in April should have declined, or it is...

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📌 Gold Information China's Ministry of Commerce announced on Friday that the United States has recently initiated communication through official channels, expressing interest in restarting tariff negotiations. Beijing is currently evaluating the proposal, which has sparked optimism that a solution to the long-standing tariff deadlock between the world's two...

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📌 Gold information U.S. stock indexes fell sharply in midday trading due to disappointing U.S. economic data. On Friday, the U.S. Department of Labor will release the crucial monthly employment report. This is likely to be the most important U.S. data point so far this year. In other news, Dow Jones News Service reported: "Tariffs are beginning to bring...

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📌 Gold information The US non-farm payrolls report released this Friday (May 3) will become a market vane. If the employment data deteriorates significantly (such as the sharp drop in private employment growth shown by ADP), it may strengthen the expectation of interest rate cuts and promote the rebound of gold; on the contrary, if the data is stable, the US...

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📌 Policy factors Gold prices (XAU/USD) continued to fall, falling to $3,310 in the current European session on Wednesday, as signs of improved global risk sentiment and easing trade tensions curbed demand for safe-haven assets. Market participants remained cautious ahead of the release of major US economic data, including ADP employment changes, core PCE price...

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📌 Driving events Because the easing of US-China trade tensions has weakened gold's safe-haven appeal, while investors are waiting for US economic data to assess the Fed's policy direction. Gold has been in a range recently as the market now waits for details of the first trade agreement, which is expected to be announced this week or next week. 📊Comment...

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📊Comment analysis Gold prices need economic news to break through the sideways price range of around 3300. Today, continue to wait and see around 3310, waiting for the right time to enter the market in time. 💰Strategy package Long positions: 💲Actively participate in gold around 3298-3305 points, with a profit target around 3320 points Short...

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📊Comment Analysis Gold prices need economic news to break through the sideways price range around 3300. Today, we will continue to wait and see around 3300, waiting for the right time to enter the market. 💰Strategy Package Long positions: 💲Actively participate in gold around 3300-3310 points, with a profit target around 3330 points Short...

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📊Comment Analysis Short-term short positions need to rebound further and confirm the signal before following. After the US market breaks through the 3360 defense point, it is temporarily not possible to continue to be bearish. The US market will first look at the rebound, and then make further arrangements after approaching the 3360 line. 💰Strategy...

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🌐 Driving factors Geopolitical situation: US President Trump's special envoy Witkov held a three-hour meeting with Russian President Putin in Moscow last Friday to discuss the US plan to end the war in Ukraine. The Kremlin said that the positions of the two sides have become closer. India accused Pakistan of sheltering terrorist organizations, and Pakistan...

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🌐 Driving factors Geopolitical situation: US President Trump's special envoy Witkov held a three-hour meeting with Russian President Putin in Moscow last Friday to discuss the US plan to end the war in Ukraine. The Kremlin said that the positions of the two sides have become closer. Iran and the United States said on Saturday that they have agreed to continue...

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🌐Drivers Gold prices fell slightly to $3,310 in early Asian trading on Monday, retreating from the record high set last week as signs of easing global trade tensions grew. According to Reuters, U.S. Agriculture Secretary Brooke Rollins revealed on Sunday that the Trump administration is in daily consultations with China on tariffs. Rollins also stressed that...