Recently, international gold prices have shown a trend of rising first and then suppressing. According to Wind News data, the spot price of London gold continued to rise from November 10 to November 12, and began to decline after rising to 4245.22 US dollars/ounce in the intraday period on November 13. On November 18, at the time of press release, the spot price of London gold had fallen below the 4,000 US dollars/ounce mark during the intraday period, falling as low as 3997.658 US dollars/ounce. Affected by international gold prices, domestic gold jewellery prices have also been drastically revised. In the precious metals “brother chain”, the performance of silver converges with gold. The chief economist of CITIC Securities clearly told reporters that two major factors have combined to cause the recent poor performance of international gold prices: on the one hand, early risk aversion has weakened support for gold prices; on the other hand, important US economic data have not yet been released yet, investors' expectations of the labor market and US inflation trends are inconsistent, and expectations for the Fed's interest rate cut in December have also fluctuated.

Recently, international gold prices have shown a trend of rising first and then suppressing. According to Wind News data, the spot price of London gold continued to rise from November 10 to November 12, and began to decline after rising to 4245.22 US dollars/ounce in the intraday period on November 13. On November 18, at the time of press release, the spot price of London gold had fallen below the 4,000 US dollars/ounce mark during the intraday period, falling as low as 3997.658 US dollars/ounce. Affected by international gold prices, domestic gold jewellery prices have also been drastically revised. In the precious metals “brother chain”, the performance of silver converges with gold. The chief economist of CITIC Securities clearly told reporters that two major factors have combined to cause the recent poor performance of international gold prices: on the one hand, early risk aversion has weakened support for gold prices; on the other hand, important US economic data have not yet been released yet, investors' expectations of the labor market and US inflation trends are inconsistent, and expectations for the Fed's interest rate cut in December have also fluctuated.