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Three Major Reasons for the Reversal in Gold Prices#1. Inflation and interest rate hike expectations cool down, the US dollar and US Treasury yields decline, increasing the value of gold investments.
2. The Middle East situation eases, oil prices plummet, and the market shifts from risk aversion to betting on rate cuts and buying gold.
3. Previously oversold gold prices attract bottom-fishing funds, combined with continuous central bank gold purchases, creating strong support below. #今日你看涨还是看跌？