Deep Tide TechFlow News: On November 11th, driven by the easing of the U.S. government shutdown risk and rising expectations of fiscal stimulus, gold prices rebounded strongly. In the early hours of November 11th, COMEX gold futures rose by 2.83%, reaching $4,123.40 per ounce, hitting a nearly two-week high. The “$2,000 dividend per person” plan proposed by Trump, along with expectations of tax cuts, strengthened market bets on loose fiscal policies. Coupled with a weakening dollar and rising geopolitical risks, capital is rapidly flowing back into safe-haven assets.
BiyaPay analysts believe that gold prices have entered a strong upward channel, with short-term fluctuations possibly consolidating. JPMorgan Private Bank forecasts a medium-term target range of $4,800 to $5,300. In the macro environment of high inflation and expansive fiscal policies, gold is once again becoming a safe haven for global funds. Investors can follow BiyaPay platform to trade US stocks, Hong Kong stocks, and futures markets using USDT, and take advantage of zero-fee digital currency spot contracts to seize the asset appreciation opportunities in the inflation era.
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BiyaPay Analyst: After two weeks, gold returns to $4100, with institutions loudly targeting $5300
Deep Tide TechFlow News: On November 11th, driven by the easing of the U.S. government shutdown risk and rising expectations of fiscal stimulus, gold prices rebounded strongly. In the early hours of November 11th, COMEX gold futures rose by 2.83%, reaching $4,123.40 per ounce, hitting a nearly two-week high. The “$2,000 dividend per person” plan proposed by Trump, along with expectations of tax cuts, strengthened market bets on loose fiscal policies. Coupled with a weakening dollar and rising geopolitical risks, capital is rapidly flowing back into safe-haven assets.
BiyaPay analysts believe that gold prices have entered a strong upward channel, with short-term fluctuations possibly consolidating. JPMorgan Private Bank forecasts a medium-term target range of $4,800 to $5,300. In the macro environment of high inflation and expansive fiscal policies, gold is once again becoming a safe haven for global funds. Investors can follow BiyaPay platform to trade US stocks, Hong Kong stocks, and futures markets using USDT, and take advantage of zero-fee digital currency spot contracts to seize the asset appreciation opportunities in the inflation era.