Analysts: Gold prices rebound after falling to their lowest level since September

On November 15th, Adam Button, an analyst at financial website Forexlive, said that the gold market had previously priced in the uncertainty of the US election, but when the result became clear soon, the price of gold plummeted and has been on the defensive since then. Gold fell to $2,537 on Thursday, the fifth consecutive day of decline, and did find some support there. This low is almost equivalent to the high in August. The rebound in gold prices also coincided with some people buying bonds and selling Trump trades. In addition, the Asia-Pacific stock market is also retracting, and its further decline may prompt people to buy gold again. < br > < img src = "https://flash-scdn.jin10.com/8466b633-5757-4c6e-840a-695494059eb0.png" referrerpolicy = "no-referrer" >