Gold's "V" shaped rally reflects the complex game of global economic policies, geopolitical conflicts, and market sentiment.

On May 9th, the international gold market saw a "roller coaster" trend, with the price of gold rebounding strongly after a sharp fluctuation, forming a characteristic "V" shape curve. The spot price of gold in London once again rose above the $3300 per ounce level, and the main contract of COMEX gold futures also stopped falling and turned higher. Behind this sharp volatility reflects the complex game of global economic policies, geopolitical conflicts, and market sentiment. It is worth noting that, due to the lag in price transmission, the prices of domestic gold jewelry have not yet followed the increase in gold prices. Quotations from jewelry stores on May 9th showed that the price of gold jewelry from well-known brands such as Caibai have fallen below 1000 yuan per gram, with the latest quotation at 995 yuan per gram.