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传统意义上,黄金是公认的具有避险和保值功能的商品,然而金价在5月份的表现却让人明显感受到这个市场中投机气氛的浓重和风险的增加。国际金价在步入5月初时发起了一轮更为迅猛的涨势,仅用了半个月时间就从650美元升至730美元的二十五年新高,期间几乎没有遇到任何阻力。正当市场乐观预期金价将以同样的速度向下一高点800美元冲刺时,之前累积的风险瞬间爆发,5月15日金价出现大幅跳水,单日下跌40多美元,跌幅达5.3%。随后金价一蹶不振,在汹涌的抛售浪潮中多个止损点被触发,高位建仓的多头损失惨重。直到月底,金价在640美元处寻获支撑,但已将5月以来的涨幅全部抹去。国际金价在短短一个月内经历了近100美元的起伏,其跌宕程度在二十多年来较为罕见。
Traditionally, gold was recognized as a commodity with hedging and hedging. However, the performance of gold in May made it clear that there was a strong speculative atmosphere and increased risk in this market. International gold price started a more rapid rally in early May when it hit a new 25-year high of 650 U.S. dollars to 730 U.S. dollars in just half a month with almost no resistance. While the market is optimistic about the expected gold price to sprint toward the next high of $ 800 at the same pace, the cumulative risk immediately broke out. On May 15, the gold price plunged dramatically and fell more than 40 U.S. dollars in a single day, a drop of 5.3%. Then the price of gold slumps, in the surging wave of multiple stop-loss was triggered, the high positions Jiancang suffered heavy losses. Until the end of the month, the price of gold found support at $ 640, but it has erase the gains since May. The international price of gold has experienced nearly $ 100 in just one month’s ups and downs, the degree of ups and downs in more than two decades is relatively rare.