Financial advisers said that from the analysis of the global economic situation, with the slowdown of global economic growth, the intensification of trade frictions and the rise of geopolitical risks, investors' sensitivity to risks has also increased. Under such circumstances, the status of gold as a safe-haven asset is more prominent, and its demand will also rise, thus promoting the price of gold. At present, the international situation is complex and changeable, and the international and domestic economies are declining. In the future, the price of gold will fluctuate upwards. From the perspective of investment alone, the current gold price is indeed at a relatively high level. I suggest you pay attention to the risks. There are certain procedures for gold trading, and investors with short-term cash needs are not advised to allocate too much. If it is a long-term investment, it is correct to buy at any time. Gold is hard currency.

Gold is a simple form of chemical element gold (Au), which is a soft, golden yellow and corrosion-resistant precious metal. Gold is a rarer, more precious and more valuable metal. Generally speaking, the gold in the world is in ounces. In ancient China, gold was measured in ounces, which was a very important metal. It is not only a special currency for reserve and investment, but also an important material for jewelry industry, electronics industry, modern communication and aerospace industry. The chemical symbol of gold is Au, and the financial English code is XAU or gold. The name Au comes from a story of Aurora, the goddess of dawn in Roman mythology, which means shining dawn. On July 4, 2022, the price of gold fell below the integer mark of 1700 USD/oz and continued to decline.