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Gold has been extremely volatile lately, with a sharp drop a few days ago, followed by a rebound yesterday. Here's a brief overview of the current situation👇
📈 Latest Price (Close on 3.28)
International Gold: $4,491 per ounce, nearly 2% rebound intraday
Domestic Gold: Back above ¥1004 per gram, stabilizing above the 1,000-yuan mark
💡 Why did it fall and why did it rise?
1. The Federal Reserve's stance is too hawkish: Initially expected multiple rate cuts this year, but now only one is expected, pushed to the second half of the year. The dollar is strengthening, and U.S. Treasury yields are
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