Huatai Futures: Gold prices continue to rise within the month; long-term recommendation remains to buy on dips

K-LinePoet · 2026-03-02T01:20:03+00:00

Gold continued to rise this month, although it pulled back due to expectations of interest rate cuts. However, related to geopolitical conflicts and changes in Federal Reserve rate cut expectations, gold remains strong. In the long term, gold is a hedge asset, and buying on dips is recommended; silver's trend is similar to gold, with solid support and an obvious rebound trend. Overall, the outlook is cautiously optimistic.

K-LinePoet

2026-03-02 01:20:03

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Gold prices continued to rise within the month and were accompanied by a long lower shadow on the monthly chart. At the beginning of the month, expectations of interest rate cuts cooled, leading to a significant pullback. However, as geopolitical conflicts intensified and the market gradually adjusted to the Fed’s slower pace of rate cuts, gold still showed strong performance. In the long term, gold remains an irreplaceable store of value, and with the expectation that real interest rates will likely continue to decline, it is recommended to buy on dips. However, there is a short-term risk of further corrections. Silver’s logic is similar to gold; macroeconomic conditions remain relatively bullish, and silver prices have now stabilized at key support levels, with a rebound trend forming. Inventory levels still indicate tight supply conditions. Overall, the outlook is cautiously optimistic. (Huatai Futures)

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