Newsletter summary

On April 16, the price of gold futures rose slightly, but the price of base metals fell. Analysts at Deutsche Bank believe that the precious metals rally may come to an end because of the market's muted reaction to the situation in the Middle East. Investors believe that the price of gold has surged and that it is time for profit-taking. At the same time, the price of base metals also fell after rising in the previous session. It is reported that Russian productionBinamonnftgameThe new aluminum, copper and nickel will no longer be traded on the London Metal Exchange and the Chicago Mercantile Exchange.

Text of news flash

[precious metal price rally may be exhausted] on April 16, gold futures prices rose slightly, while base metal prices fell. Deutsche Bank analysts pointed out in the latest report that the response of precious metals to the escalation of the situation in the Middle East is relatively lacklustre, and the recent rally may be coming to an end. Some investors believe that the last rise in gold prices above $2400 has been exaggerated and that it is time to take profits. In addition, the price of base metals also fell after a steady rise in the previous trading day. It is reported that new Russian-made aluminum, copper and nickel will no longer be traded on the London Metal Exchange and the Chicago Mercantile Exchange. Hexun self-selected Stock Writer risk Tip: the above content is only the views of the author or guest, does not represent any position of Hexun, and does not constitute any investment advice related to Hexun. Before making any investment decision, investors should consider the risk factors related to investment products according to their own circumstances and consult professional investment advisers if necessary. Hexun tries its best but cannot confirm the authenticity, accuracy and originality of the above content, and Hexun does not make any guarantee or commitment.