星球日报|2月 12, 2026 16:37
[Analyst: The Cause of the Sudden Drop in Spot Gold Prices is Unknown]
Odaily Planet Daily reports that Adam Button, an analyst from the U.S. financial website InvestingLive, stated that the sudden plunge in gold prices is unexplained. This move has driven a broad rally in the U.S. dollar. The decline in gold prices and the strengthening of the dollar may be triggered by overall risk-averse sentiment. After U.S. stocks opened flat, they subsequently fell sharply. The drop in gold prices has also sparked speculation about a potential leak of the CPI report. Such a decline might occur after the release of a high-profile report, but I am skeptical of this theory. Regardless of the driving factor behind this move, it has intensified concerns that 'nothing is safe.' I believe the catalyst was Microsoft's stock price dropping 12% in a single day. Since then, we have seen ongoing worries about industry turbulence. The software sector continues to face shocks, but now the logistics and transportation sectors are also being impacted. It’s possible that someone working as a software engineer was forced to liquidate their gold positions. (Jin10)
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