Gold retreated Since last week, the world’s bags advanced back in signs A Tescada in the Battle Battle The world, especially between the United States and China.
Both cash and gold future fell about 6.5% From its historical maximum Reached last Tuesday. Investors have begun to take advantage of precious metal as the demand for refuge. According to Barclays PL strategists, Back to gold He is progressing more than the basics, and seems to have been technically extended after the recent climbing. Meanwhile, Bloomberg has reported that the coverage funds have reduced their long net positions in the future and gold -cold options for more than a year.
“It may suggest that it is yellow metal I can enjoy the highest fallIt may increase by leaving some weak lengths that have become incredibly executed, ”Michael Brown, the head of Pepperstone’s research, pointed out that the purchase was interested in the purchase. This is especially reduced in Asia.
The strength of the euro, the main factor of gold in 2025
The demand for shelter has increased amid economic uncertainty received from President Donald Trump’s fees. Gold is a traditional property used to protect you Against financial crises and inflationWorld markets have surpassed, and this year has risen more than 25%. Indirectly, the strength of the euro, which has significantly pressed the US dollar, contributed to the restoration of precious metal.
The feeling of “American exception” has caused a sharp fall on the green ticket by 2025, while the active refuge has been strengthened against the euro dollar. The EUR/USD torque has risen by 11% since the beginning of February. “The strength of the euro and therefore American dollar weakness It was the main machine of gold behavior again and with an increase Geo -geo -political risk It caught fee fears, ”the World Gold Council said in a statement. Euro’s regeneration It was deceived by gold For European investors, gold procurement reached $ 1,000 million (0.88 billion euros) in Europe in March, which becomes the second largest buyer between the regions.
Short -term risks
However, by many factors, gold can face a very short -term decline, such as fading The sense of hate hate.
The main reason for the restoration of gold is the recovery of the risk feeling after Trump claimed to be “significantly” Charges to ChinaThis stimulated widespread regeneration on the World Stock Exchange. Last week, major bags often reduced the losses of the April to the US and China in a trade war between the US and China. Trump’s status may be replaced with portfolio between financial managers and retail investors.
In the second place, Gold shot in a very short timeThis usually leads to an excess form in a technical perspective. Operators tend to collect the benefits and establish short positions based on these signals, and the options are particularly reflecting on these trends.
Safer value anyway
Thirdly, central banks and private investors can reduce the purchase speed Strong price elastic. Economic uncertainty is affordable to invest in retail investors’ gold.
Finally, gold restarts are usually supported by flexible currency policy and high liquidity conditions. However, the Inflation risks Is attached to Trump charges They can lead to central banks to reduce the rhythm of interest rates. The Trump administration also tries to control public expenditure, which causes a summary of liquidity.
However, Brown believes that gold will continue to rise Due to the current uncertainty: “Even if, if all the uncertainty of uncertainty and turmoil in other places, the gold looks more A better bet as a refuge That’s almost anything else. “