Gold Rebound Has Exceeded 5%, Analysts Are More Empty Bearer Recommendations To Be Cautious.

　　 gold Kill a "back gun"

Nearly three days after the sharp fall in international gold prices, the rebound has exceeded 5%, but analysts are more empty bearer.

Since the end of 6, it has fallen below $1200. In the past 3 trading days, the international gold price has rebounded continuously, from the low point of last Friday to 8 at Beijing time yesterday, the rebound rate was over 5%. But most analysts told reporters yesterday that it should still be treated only with a rebound. The bottom of gold will last for quite a long time.

Gold's recent low point appeared last Friday, the lowest time it has fallen below 1200 U.S. dollars, hitting 1180 U.S. dollars / ounce position. In the past June, gold prices fell 12%, down 23% in the second quarter, the biggest quarterly decline since records. The world's largest SPDR ETF SPDR (Gold Trust) fell to a 3 year low last Friday.

But as the market thinks gold will return to the $1100 level, gold rebounded strongly from last Friday's bottom. International gold prices rose nearly 1.6% on Monday, but they rose again yesterday, but fell back at around 4 p.m. Beijing time and 8 p.m. In the domestic market, Gold investment The rise of varieties is more powerful than the international gold price. The spot gold of Shanghai gold exchange has rebounded more than 5% from its recent low point to yesterday's close.

At the bottom of 1200 dollars, is the bottom of gold coming? From the historical trend, the current price of gold is only the same as that of 2010. This means that if the period does not show up, it is not just the Chinese mothers who have recently made a dip in the stock market, the physical gold investors in the past 3 years have already entered the market.

"Maybe when everyone starts to look down on gold, the bottom will come quietly." Yesterday, the gold analyst at Ruida futures said in an interview with reporters that at present, the gold market has a strong atmosphere, but in fact, the short kinetic energy has also failed. Under the 1200 US dollar, gold has not actually declined further.

But most of the opinion is still empty. Zhang Jian, an analyst at Nanhua futures, believes that gold has lost a strong internal rebound in recent years, and that the rebound is expected to continue in the short term, but it is not recommended for investors to enter the market. He said that since the withdrawal of QE from the US has basically become a foregone conclusion, this will stifle the future room for gold to rise. From the perspective of investment products, the benefits of gold investment will also be tested.

It is worth mentioning that starting from this Friday, domestic gold futures will officially open the night market. In addition, the first two gold ETF will be closed in July 12th. Some people in the industry believe that, with the improvement of domestic gold spot, futures products and trading hours, the following Gold price China's factors will be greatly strengthened.