In the future, the price of precious metals may be supported, and the Gold ETF Fund (159937) fell slightly

Author:Capital state Time:2022.09.14

Last week, the COMEX gold closing price was $ 1727.60/ounce, an increase of 0.29%over the previous period; the COMEX silver earning price was $ 18.79/ounce, an increase of 6.40%over the previous period.

Today, COMEX gold futures fell 0.32%to $ 1711.9/ounce.Gold ETF Fund (159937) fell 0.62%, with a turnover of 100 million yuan, and the inflow of funds in the past 5 days.

Some analysts said that economic data improvement and interest rate hike expected to facilitate the US dollar, and to a certain extent to its gold price.However, there are currently risk of stagflation in the US economy, and the price of precious metals may be supported in the future.

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