Flash News
Scum Bank: The price of the gold is on the floor and the market is expected to re-examine the $5,000 mark
On 12 August, in an interview with Bloomberg, Suki Cooper, a slag bank analyst, stated that despite the current seasonally low season in gold consumption and the pressure on the ETF holdout, the price of the gold remained steady near $4,000, indicating that the bottom of the market had been verified on several occasions. She expected that the average price of gold in the third quarter would be approximately $4,200, that it would rise to $4650 in the fourth quarter and that it was expected that the $5,000 threshold would be explored again. She believed, however, that the round would not rise as fast as at the beginning of the year, and more likely to be a slow-up process。
