Will gold fall back below 300?
No, the price of gold fluctuates under the influence of the global economic situation, monetary policy, the exchange rate of the US dollar and other factors. The gold market is strongly turbulent and the overall trend is somewhat bumpy. However, the price of gold still hit a record high. COMEX gold futures once stood at the mark of 2 150 USD/oz, so it is impossible to fall below 300 yuan.