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Why did the price of gold plummet?
The international gold price bottomed out in early July and has been rising all the way up to now. At present, it is temporarily in a state of high disk repair. At present, the overall trend is still rising. From the trend of the whole year, the international gold price has been in a state of ups and downs.

The price of gold is influenced by many factors, the most important of which is the development of American economy. When the American economy develops well, the dollar will be strong and the price of gold will fall. On the contrary, if the American economy is depressed and the dollar is weak, then the price of gold will rise.

Although there is a little gap between the domestic gold price and the international gold price, the gap is not too big. It will also be affected by the international gold price.