Gold price drops to 900 yuan mark and small gram investment gold bars are almost sold out.

According to the cashier at the Beijing Caibai Fourth Floor counter, on June 11th, due to the domestic gold price dropping, there was a noticeable increase in the number of people buying investment gold. Small-sized investment gold bars of 5 grams and 10 grams were completely sold out. The reporter noticed that on June 12th, 20 grams, 30 grams, and other small-weight investment gold bars were also almost sold out. According to the cashier, in general, small-weight gold bars are easier to sell. In addition to buying "bottom fishing" investment gold bars, some people are also directly buying gold online. Xiao Wang told the reporter that he bought some gold when the price was 1136 yuan/gram, and then when the price trend continued to decline, he made a supplementary purchase at around 930 yuan, but the price still continued to drop. On June 11th, it dropped to the "800s". To cut losses in time, Xiao Wang chose to sell a large amount of gold at 889 yuan, not expecting the price to return to the "900s" on June 12th. Yang Yijun, chief analyst of Weixin Investment Consulting Co., Ltd., analyzed that the market trend of this week shows that regardless of whether the dollar rises or falls, or the oil price rises or falls, the prices of gold and silver have all dropped significantly, indicating typical characteristics of impulsive bear market operation at the end, which may be a signal that the bear market phase or medium-term is ending. Looking ahead, Yang Yijun believes that the gold and silver market should be in the bottom area of the phase or medium term, and there is a high possibility of a bullish trend in the future.