Mumbai Wealth Management：Gold prices are innovative!Indian gold imports have surged, and the prospects of the dollar are dim？

In the context of global turbulence, the price of gold has continued to rise, especially under the drive of large -scale rising gold imports in India.According to the latest analysis of Zhisheng Finance, the data released by the Indian government last week showed that the gold imports at the US dollar in August reached a historical highest level of 10.06 billion US dollars.This data not only reflects the strong demand of gold in the international market, but also reflects the deep concerns of global investors in uncertainty and inflation.

Indian gold imports surgeMumbai Wealth Management

According to preliminary estimates of experts, this import amount is equivalent to about 131 tons of gold, which is calculated at a volume, which will become the sixth high import level in history.As one of the world's largest gold consumer countries, this move in India has undoubtedly brought new impetus to the international gold market.Gold as a hedge asset is becoming more and more popular in the current economic environment, especially when inflation expects rising and geopolitical risks.Jaipur Stock

Since the beginning of this year, international gold prices have risen by more than 20%Varanasi Investment. Last week, the price of gold performed strongly again, with a weekly increase of 1.73%, and broke through multiple psychological barriers.This wave of rising technical signals shows that the rising momentum of the gold market is extremely strong, especially from the daily chart, various technical indicators show the bullish signal.Under the current market conditions, investors should strategically adhere to the concept of "no highest only, only higher", and make more gold at low.

The prospect of the dollar is not optimistic

At the same time, the Monetary policy trend of the Federal Reserve has also had an important impact on the performance of spot gold.The Federal Reserve Director Waller's recent speech stated that the decision -making of 50 basis points at 50 basis points was mainly due to inflation and cooling speeds exceeding expectations.Over the past four months, the annual increase of the core PCE index has increased by less than 1.8%Jaipur Stock. This data is lower than the 2%target set by the Federal Reserve.This series of arguments for inflation and interest rates make the market worry about the prospects of the US dollar.

Disadvantages of the US dollar often lead to rising gold prices. In the face of this situation, investors should pay attention to the continuous changes in the Fed's policy and the long -term impact of the gold market.The current market sentiment focuses on finding a safe -haven assets, and gold is undoubtedly the first choice.Varanasi Wealth Management

Impact of geopolitical risks

In addition to economic data, the changes in geopolitical risks, especially in the Middle East, are also affecting market emotions.Last Friday, the Chairman of the European Commission Feng Delin announced that it would provide 35 billion euros of loans to Ukraine, which undoubtedly exacerbated investors' attention to the conflict between the Middle East and Ukraine.Senior US officials said that the ceasefire and hostage release agreement between Israel and Hamas is difficult to achieve in the short term, and the news further increases the risk of overall war in the Middle East.

This uncertainty has led to investors tending to precious metals such as gold as a tool for ensuring wealth and security.The market's attention to crude oil has also risen, and crude oil also showed a certain rebound momentum last week, with oil prices rising by 2.90%.Nevertheless, the market's trend of crude oil prices is still different. It is expected that oil prices will seek key rebound highs around $ 73.45 this week.

How should investors deal with

In the current environment, investors should pay close attention to the release time of US economic data, especially inflation and employment -related data, which will directly affect the Fed's policy trend.For precious metal investment, it is recommended to adopt a moderate strategy of adding gold. As the price rises further, the proper profit can be considered.At the same time, precious metals such as silver and platinum are also worthy of attention. With the improvement of market risks, they may also become an important member of the investment portfolio.

In summary, the current gold market shows a strong bullish trend, and investors' layout will face many opportunities at this time.However, remember to do a good job of risk management while pursuing income, and to allocate assets reasonably to cope with the uncertainty of future economy and geopolitics.

Surat Investment