Institution: Gold is expected to return to an upward trend within the year.

Qurui, Senior Deputy Director of the Research and Development Department of Oriental Jin Cheng, talked about two aspects. Firstly, it originated from the nomination of former Federal Reserve Director Wash by Trump. Due to Wash's policy of "rate cuts + balance sheet reduction", the dollar strengthened, triggering market concerns about future liquidity. Secondly, the international gold price rose too quickly earlier, coupled with severe overbought conditions in the market, leading to profit-taking and exiting of funds. In his view, gold still has support in the medium to long term, but in the short term, silver is expected to experience a correction. Shenwan Wanguo Futures Research Report mentioned that gold is expected to return to a steady upward trend within this year, while silver may experience greater volatility than gold due to factors such as industrial demand and inventory levels.