Lates News

This May, influenced by factors such as the easing of global trade tensions, prices of risky assets in financial markets rebounded. Major stock indices in the US and Europe all showed significant increases in May, with international oil prices slightly rising. The fluctuation in gold prices, a safe-haven asset, intensified, dropping more than 5% from its peak in April. EBC Financial Group, based in London, pointed out that investors are still facing major risks such as the fluctuating US tariff policies, the surge in long-term bond yields in Japan and the US, and ongoing regional conflicts, and recommended investors to adopt a conservative strategy. So far this year, among the three major US stock indices, only the S&P 500 index has slightly increased, while crude oil futures have fallen by approximately 13% overall. The increase in gold prices remains better than other assets. Many Wall Street investment banks continue to be bullish on the future trend of international gold prices. Goldman Sachs predicts that international gold prices could rise to $3,700 per ounce by the end of this year. JPMorgan Chase expects international gold prices to break the $4,000 per ounce level in the second quarter of 2026. However, Citigroup anticipates that factors such as weakened demand from retail investors could put downward pressure on gold prices after 2026. (CCTV Finance)