Recently, the price of gold, which has repeatedly reached new highs, ushered in a correction. In terms of the gold consumer market, and with the “May Day” traditional gold sales season coming soon, gold and jewelry brands are launching promotions one after another. What many consumers are more concerned about is: will gold make a comeback after the price adjustment? According to industry insiders, the price of gold has risen by more than 15% since March, and international gold prices have been at historically high levels for a long time. In the absence of new fundamental factors, the bulls chose to leave the market profitably, which also put a brake on the price of gold. “Although the price of gold fluctuates in stages, the allocation of gold is indispensable in the long run.” Yang Yu, chairman of the Investment and Investment Committee of Yinhua Fund, said that as a safe-haven tool, the long-term investment value of gold has not changed while favorable factors such as weakening US dollar credit still exist. (Securities Times)