EUR/USD
1.07469
-0.007%
Gold
2309.32
0.023%
Oil
78.873
-0.020%
USD/JPY
155.559
0.021%
GBP/USD
1.24932
-0.030%
GBP/JPY
194.345
0.016%
Real-time News
Japans overtime pay annual rate in March was -1.5%, compared with -1% in the previous month.Japanese Vice Finance Minister Masato Kanda: (When asked about foreign exchange intervention) The view that Japans policy is restrictive is completely wrong.US President Biden: Israel has not yet crossed the red line.US President Biden: Cooperate with Arab countries that are ready to help transition to a two-state solution between Palestine and Israel.[How does the slight correction in gold prices affect gold wealth management] Due to the decline in international gold prices and holiday promotions, domestic gold prices have fallen, and the gold market has experienced a slight "cooling down". On social platforms, "Will gold continue to fall?" has become a hot topic. "Although the gold price has fallen recently, investors are still willing to rush into the gold market. Wealth management companies such as China Merchants Bank Wealth Management, Everbright Wealth Management and Ping An Wealth Management have all launched gold-related fixed-income wealth management products." Industry insiders told reporters. It is reported that compared with wealth management products linked to gold ETFs and options, wealth management products linked to gold spot are more susceptible to fluctuations in the gold market. However, most wealth management products linked to gold have a limited proportion of gold assets, and the asset allocation of wealth management products generally has a risk hedging mechanism, so the income fluctuations of related wealth management products are smaller than the volatility of the gold market.
