Cointime

Download App
iOS & Android

Lu Ting of Nomura Securities: Gold prices are unlikely to fall in the next five years, but a sustained surge is also improbable.

Lu Ting stated, to track the price of gold, you must first choose a good benchmark. Due to different interest rate levels and difficulties in cross-border capital flows, the benchmarks inside and outside the country are different. "To buy gold internationally, the first thing to beat is the yield of U.S. Treasury bonds. For example, the current 10-year Treasury yield is about 4.2%, and the 30-year is about 4.8%. If the annual increase in gold price is below about 4%, then your investment in gold has failed. This is also why we predict that in the next five years, the price of gold is unlikely to fall, but a continuous sharp rise is unlikely."

Comments

All Comments

Recommended for you

  • ETH Falls Below $2400

    Market data shows that ETH has fallen below $2400, currently priced at $2393.95, with a 24-hour increase of 1.76%. The market is experiencing significant volatility, so please ensure proper risk management.
  • ETH Falls Below $2400

    Market data shows that ETH has fallen below $2400, currently priced at $2393.95, with a 24-hour increase of 1.76%. The market is experiencing significant volatility, so please ensure proper risk management.
  • BTC Surpasses $77,000

    Market data shows that BTC has surpassed $77,000, currently priced at $77,010.82, with a 24-hour increase of 2.35%. The market is experiencing significant volatility, so please ensure proper risk management.
  • BTC Surpasses $77,000

    Market data shows that BTC has surpassed $77,000, currently priced at $77,010.82, with a 24-hour increase of 2.35%. The market is experiencing significant volatility, so please ensure proper risk management.
  • BTC Falls Below $78,000

    Market data shows that BTC has fallen below $78,000, currently priced at $77,985.05, with a 24-hour increase of 5.79%. The market is experiencing significant volatility, so please ensure proper risk management.
  • BTC Falls Below $78,000

    Market data shows that BTC has fallen below $78,000, currently priced at $77,985.05, with a 24-hour increase of 5.79%. The market is experiencing significant volatility, so please ensure proper risk management.
  • ETH Surpasses $2500

    Market data shows that ETH has surpassed $2500, currently priced at $2523.62, with a 24-hour increase of 9.1%. The market is highly volatile, so please ensure proper risk management.
  • ETH Surpasses $2500

    Market data shows that ETH has surpassed $2500, currently priced at $2523.62, with a 24-hour increase of 9.1%. The market is experiencing significant volatility, so please ensure proper risk management.
  • BTC Surpasses $78,000

    Market data shows that BTC has surpassed $78,000, currently priced at $78,085.98, with a 24-hour increase of 7.38%. The market is experiencing significant volatility, so please ensure proper risk management.
  • BTC Surpasses $78,000

    Market data shows that BTC has surpassed $78,000, currently priced at $78,085.98, with a 24-hour increase of 7.38%. The market is highly volatile, so please ensure proper risk management.