The price of gold will fall. According to Oriental Fortune.com, the price of gold is one of the precious metals that global investors pay close attention to. As of March, 2024, the price of gold plummeted. There are several reasons, such as the strong pressure of the US dollar, the promotion of technological progress, the mitigation of geopolitical risks, the change of investor sentiment, and the adjustment of market supply and demand. The plunge in the price of gold does not mean that gold has lost its status as a safe-haven asset. As a precious metal with scarce and stable value, gold has long been an important tool for investors to pursue asset preservation and appreciation. Although the price of gold may fluctuate due to various factors in the short term, in the long run, gold still has high investment value and hedging properties.