CICC Wealth Futures: It is expected that in the short term, the trends of gold and U.S. stocks are likely to move in the same direction.

2026-04-10 21:20:06

Crude oil prices rise, US stocks retreat, and gold follows downward. This trend aligns with our expectations, meaning that the inflationary pressure caused by rising oil prices is clearly greater than the demand for gold as a “safe-haven asset.” It is expected that in the short term, gold and US stock movements are likely to move in sync.

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