On April 22, according to financial sources, the spot gold price surged, exceeding $3,480 per ounce, increasing by nearly $60 in just one day, equivalent to a 1.63% rise. At the same time, the main gold Futures Contract on the Shanghai Commodity Exchange also crossed the 830 yuan per gram mark, recording a daily increase of over 4%. This is the 12th consecutive increase for this contract, establishing a new historical high.
These developments in the gold market show a positive trend leading to increased investment in physical assets amid an uncertain economic environment. Although gold prices are maintaining a strong position, caution is advised as this information is only for market data purposes and is not an investment recommendation.
