Global demand for gold continues to grow strongly against the backdrop of record-high prices.

The World Gold Council's quarterly report released on Thursday shows that global gold demand in the second quarter increased by 3% year-on-year to 1,249 tons, with its value soaring by 45% to a record $132 billion.

In the second quarter, gold ETF inflows in the Chinese market reached 46.4 billion yuan, marking the strongest quarterly performance ever. This performance was primarily driven by global trade policy uncertainty, geopolitical turmoil, and rising gold prices, leading investors to flock to this safe-haven asset.

Global gold ETF demand saw significant growth for the second consecutive quarter, becoming an important factor driving overall demand. Investors in gold bars and coins also joined in, attracted by rising prices and the safe-haven properties of gold.

BTC: On the 4-hour chart, the price continues to stay above the middle band of the Bollinger Bands, and the price trend remains healthy.

On the daily chart, the price continues to stay above the support of the moving averages.

In summary, the support level is 118,300, and the resistance level is 118,700.

ETH: On the 4-hour chart, the price continues to stay above the middle band of the Bollinger Bands, and the price trend remains healthy, with a support level of 3,850 and a resistance level of 3,880.

LTC: The price continues to stay above the middle band of the Bollinger Bands, and the price trend remains healthy, with a support level of 108 and a resistance level of 116.

BCH: The price continues to stay above the middle band of the Bollinger Bands, and the price trend remains healthy, with a support level of 570 and a resistance level of 600.

That's all for now, good night!

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。