Live Updates > Live Update Details
2025-07-29 13:02:48
[Can Gold Bar Prices Break Through 800 Yuan? Experts Say Gold Still Has an Upward Trend in the Long Run] Since mid-March, domestic investment gold bar prices have entered the 700 yuan/gram range, briefly exceeding 800 yuan/gram. Currently, domestic investment gold bar prices have been hovering around 700 yuan for over four months. How long will gold bar prices remain at 700 yuan, and will they break through 800 yuan in the future? Zhao Qingming, Vice President of the Huiguan Information Research Institute, said in an interview that from a trade perspective, gold prices retreated from their high of $3,400 per ounce last Wednesday. Since the beginning of this year, especially since early April, tariff wars and global trade conflicts have become significant factors influencing gold prices. Gold prices have risen when trade wars intensify, but have fallen significantly when tariff agreements are reached and trade tensions ease. Wang Hongying, President of the China (Hong Kong) Financial Derivatives Investment Research Institute, predicts that, from a long-term perspective, political, economic, and military confrontations between countries are long-standing conflicts and lack a fundamental solution, so gold prices are expected to continue to rise in the long run. (National Affairs Express)
