1. In 2022, the price of gold suddenly plummeted due to the impact of the Federal Reserve's interest rate hike and market sentiment. The U.S. dollar index began to strengthen, the currency confidence crisis ended, and gold lost its significance as a safe haven, so many people gave up gold and held the U.S. dollar. It is really not recommended to buy gold in 2022, because the price of gold has now risen to a very high stage, and it is indeed very risky to buy gold now.

2. The U.S. dollar index began to strengthen, the currency confidence crisis ended, and gold lost its significance as a safe haven and tool. The drop in demand has led to a drop in gold prices. Interest rates are closely related to gold if domestic interest rates are high. The higher the inflation rate in major Western countries, the greater the demand for gold as a safe haven, and the higher the world gold price will be. During times of war and political turmoil, economic development was greatly restricted. Higher oil prices mean inflation will follow, and so will the price of gold. The impact of international gold cash loans and futures stock exchanges.