Gold has been extremely volatile lately, with a sharp drop a few days ago, followed by a rebound yesterday. Here's a brief overview of the current situation👇

📈 Latest Price (Close on 3.28)
International Gold: $4,491 per ounce, nearly 2% rebound intraday
Domestic Gold: Back above ¥1004 per gram, stabilizing above the 1,000-yuan mark

💡 Why did it fall and why did it rise?
1. The Federal Reserve's stance is too hawkish: Initially expected multiple rate cuts this year, but now only one is expected, pushed to the second half of the year. The dollar is strengthening, and U.S. Treasury yields are rising, heavily suppressing gold.
2. Complex Middle East situation: Conflicts push oil prices higher, inflation rises, which makes the Fed less willing to loosen monetary policy, short-term suppressing gold prices; but safe-haven sentiment also brings in bottom-fishing funds.
3. Recovery after a sharp decline: The previous drop was too steep, and yesterday funds flowed back in, with continuous central bank gold purchases, leading to a technical rebound in gold prices.

✅ Brief Summary
In the short term, gold remains mainly volatile, suppressed by high interest rates and the dollar; medium-term focus on April inflation and employment data; long-term, central banks continue to buy gold, and the value of holding after a big drop gradually becomes apparent.

Stay calm and steady in the face of fluctuations, follow the rhythm—it's all about patience~$BTC $GT