Rising support factors loosen, gold faces "stress test" in the second half of the year.

Standing in the middle of 2026, the international and domestic gold prices have retraced nearly 30% from the historical high point in January, presenting a rare and violent adjustment at a high level. Looking ahead, industry insiders say that the price of gold is the result of a multi-faceted game between this asset and the stock market, interest rates, and oil prices, making short-term predictions for gold prices increasingly difficult.