Gold Price Trends: A Rollercoaster Ride

I thought I knew a lot about gold, but I might have underestimated the current huge and complex gold market. Looking back at this year's gold performance, it has been full of twists and turns, and many consumers' hearts have been affected. Since 2022, Li Ming has been trading and accumulating gold through the bank app. He has been through ups and downs and has already earned about 20,000 yuan by 2025.
That experience convinced him of gold's safe-haven properties. When the Middle East situation erupted this time, Li Ming felt another opportunity. He believes in the long-term value of gold and trusts his judgment. So, every time gold drops more than 3%, he adds a little to his position—once, twice, three times... "I thought I knew a lot about gold, but I might have underestimated this huge and complex gold market and got caught," Li Ming said with a bitter smile.
On his account statement, since 2026, he has purchased 32 grams of gold, which has fallen 6.94%, currently resulting in a loss of 2,330.2 yuan.