Economic Daily: treat the rising price of gold rationally

Xinhua News Agency, June 12, the Economic Daily article pointed out that although the gold price is still supported in the short term, it does not mean that the gold price will rise on a single line in the future. At present, the gold price is already at a high level, the volatility is also at a historically high level, the market is basically good, gold prices continue to rise or will face greater resistance, a sharp rise in the short term needs greater event catalysis. As far as investors are concerned, it is necessary to maintain a rational and cautious investment attitude and avoid excessive superstition in gold prices so as to avoid investment losses. We should consider comprehensively from the aspects of their own asset allocation, risk tolerance and the objective trend of the future market, and allocate gold assets at a reasonable time to achieve financial returns.