The international spot gold market has seen a daily increase of 2%, with the current price quoted at $4,609.98 per ounce. As a precious metal asset with both safe-haven and anti-inflation properties, gold’s short-term price fluctuations are typically associated with factors such as market liquidity expectations, changes in global geopolitical situations, and the movement of the US dollar index. This notable daily increase has also attracted considerable attention from investors.

Spot gold has just broken through the $4,630.00/oz mark, now quoted at $4,630.80/oz, up 2.47% on the day; the main COMEX gold futures contract is now quoted at $4,688.70/oz, up 2.57% on the day.

The price of New York gold futures surged past $4,680 per ounce, with an intraday increase of 2.38%. As a widely recognized safe-haven asset, the sharp rise in gold prices is often closely linked to various market factors, such as global geopolitical fluctuations, movements in the US dollar exchange rate, and changes in inflation expectations. Subsequent price trends are also drawing significant attention from investors.

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Spot gold prices surpassed $4,620 per ounce with a daily increase of 2.25%. As a safe-haven asset, gold has recently been affected by global macroeconomic uncertainties, rising inflation expectations, and continued gold purchases by central banks in multiple countries. The overall price trend remains strong, and this significant intraday rise further highlights the increased market demand for gold allocation.