Gold takes a big dive, Russia and Ukraine finally begin talks! Trump speaks out.

Today, gold suddenly plummeted. As of the time of writing, spot gold fell more than 2% intraday, to $3,170 per ounce. In recent times, due to the easing of risk aversion sentiment, gold has undergone an adjustment. On the news front, tensions between Russia and Ukraine have eased. According to CCTV News, on the afternoon of the 16th local time, negotiations between the Russian and Ukrainian delegations in Istanbul, Turkey had begun. Trump said in a speech to reporters aboard Air Force One that he and Putin "may" meet. However, regarding the future trend of gold, Cheng Xiaoyong, deputy general manager of the Guangzhou Jin Kong Futures Research Center, believes that in the long term, the gold bull market may not be over, but the rapid rise in the previous period has led to excessive crowding in gold investment trading, so short-term investors should avoid significant correction risks. For ordinary investors, it is not advisable to use leverage to speculate excessively on gold.