2. Oil. Usually, once the oil price rises in the international market, it may cause inflation, and inflation will increase people's awareness of danger, so it will stimulate investors to buy gold to hedge, thus causing the price of gold to rise. Therefore, when oil prices rise, gold prices usually rise.
3. Gold substitutes. In recent years, popular bonds and bitcoin have relatively high hedging functions to meet people's investment needs. Therefore, if market panic breaks out, but people's funds mostly flow to these alternative varieties, it will cause the price of gold to rise less than expected and need special attention.
4. Important economic data. Paying attention to the important economic data in the market will also help to improve the accuracy of judging the trend of gold prices. In particular, the non-agricultural data released by the United States on the first Friday of each month and the time set by the Federal Reserve to raise interest rates will bring a lot of market every time.