1, the dollar index began to strengthen, the crisis of currency confidence ended, and gold lost its significance as a safe-haven tool, so many people abandoned gold and held dollars.

2. Falling demand leads to falling gold prices: three countries in the world especially love gold. Russia regards gold as an asset reserve, India regards gold as jewelry, and China buys gold as a wardrobe and passes it on to future generations. If the demand for gold suddenly decreases, the price of gold will fall. For example, the Indian government raised tariffs on imported gold, which led to a decrease in demand for gold and a decline in international gold prices.

3. International gold spot loans and futures exchanges, now the price of gold has been put on the coat of finance, which means that once it is negative or positive, it will be infinitely amplified by investors. Perhaps the rebound momentum of the dollar is not very strong, but the power of the gold market will be very strong.