Zhongjin Wealth Futures: US stocks rebound, gold follows an upward trend.

US stocks rebounded, with gold following suit, but currently the spot oil price of major oil-producing countries in the Middle East is still above $130. The transmission of inflation data will gradually become apparent in the second quarter, and the trend of gold is weaker than that of US stocks, as expected. We maintain our previous view that gold will "move in the same rhythm as US stocks, but with differences in magnitude." Once US stocks weaken, there is a risk of gold prices falling.