Analysts: Gold prices may fall to $3200 in the short term

Crypto 7x24

2025-05-12 18:20:57

3524

According to online reports, Giger Trivedi, senior commodities analyst at Reliance Securities, said that trade negotiations are making progress. In the short term, gold prices may continue to fall, as the US dollar may appreciate and as geopolitical risks decrease, safe-haven demand may also fall, so gold prices may fall to $3200 per ounce in the short term.

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

NewFlash

Strategy purchased 13,390 bitcoins last week
20:19
Bank for International Settlements report: Cryptocurrency speculation dominates $600 billion in cross-border payments
20:18
US Treasury Secretary: Current tariff level against China is the bottom line
20:18
OKX Wallet launches Aptos Coin-Making Season Event, sharing 18,939 APT rewards
20:17
The U.S. Treasury Department will hold a series of cryptocurrency policy roundtables this week
20:16
Ukraine Foreign Minister: Russia 'completely ignores' 30-day ceasefire proposal
20:16
US Treasury Secretary: Will study how to solve non-tariff barriers
20:15
A giant whale deposited 40.5 million USDC in HypeLiquid and added short positions in multiple currencies
20:15
David Bailey and Nakamoto raise $710 million and merge with KindlyMD to build a Bitcoin treasury
20:14
U.S. stocks rose sharply before the market, with Coinbase rising 5.31%
20:14
Binance Alpha will launch REDACTED (RDAC)
20:13
More than 10,000 ETH were transferred from a giant whale address after four years of silence
20:13
Kremlin spokesman: Russia and Ukraine must engage in direct dialogue to find a way to cease fire
20:12
Open positions in bitcoin contracts across the network reached US$68.03 billion
20:12
Bitcoin miner American Bitcoin and Gryphon signed a merger agreement and planned to go public
20:12
U.S. stocks futures higher, with S & P 500 futures up 3.2%
20:12
Eurion: Rising U.S. bond yields are worrying, trade talks have not boosted U.S. debt
20:11
Spot gold fell below $3210 for the first time since April 14
20:11
The BNB Chain Foundation bought TST, AIOT, and SKYAI tokens for US$25,000 each from the coin buying address
18:21
PlanB predicts that Bitcoin will face a four-month period of strong gains
18:21
Analysts: Gold prices may fall to $3200 in the short term
18:20
Chain liquidity allocation agreement Turtle Club completes a US$6.2 million seed round of financing
18:20
Guangzhou Nansha will build a blockchain and digital asset integration application platform
18:20
Placeholder partners: Individual ETH positions remain at record levels
18:19