After almost a full month of "surging", the international gold price came to a sharp brake at the end of September. London gold spot price closed at 25.10 US dollars / ounce on October 5, hitting a new low in nearly seven months. Experts interviewed generally said that the current round of gold price decline is a comprehensive impact of factors such as US bond yields, and the weakening of market risk aversion. Despite the "dive" in gold prices, most market participants are still optimistic about the future of gold prices.
China Baowu Steel Group employees work at its steel factory in Maanshan, in China’s Anhui province. Baowu is the parent of Baoshan Iron & Steel Co. Ltd., which has hedging plans for 2022 including as much as 8 million tonnes of iron ore and 2.2 Mt of hot rolled steel. A growing number of Chinese .
[the colored center of gravity continues to rise. Is there still room for growth in the future? Recently, international commodity prices have been strongly highlighted by the superposition of multiple factors, especially the futures prices of non-ferrous metals nickel, aluminum and tin have risen by about 15%, 14% and 12% respectively in 2022, ranking first among the subdivisions of large categories of assets in the world. Why the strong trend of commodities represented by non-ferrous metals, and whether there is room for growth in the future? Professional analysts believe that although commodities represented by non-ferrous metals are macroscopically suppressed by the adjustment of global monetary stimulus policies, the medium-and long-term structural support is still strong.