International gold prices continued to decline this week, and spot gold has fallen below the $2300 level. What is the reason for the recent weakness in gold prices? Will gold prices continue to plunge? Xu Quanhao, the chief analyst of industrial and commercial bank of china's precious metals and strategy analysis, believes that the expectation of a rate cut by the Federal Reserve has become hawkish, which puts pressure on gold prices. The reduction in domestic gold demand is also an important factor affecting gold prices. The price of gold may fall to $2250-2280. (First Finance)
短线急挫，金价迎拐点？
Will gold prices rebound from the rapid decline in short-term?
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