Analysis of CICC Wealth Futures: AI Siphon Effect Causes Liquidity Pressure on Gold
According to analysis by CICC Wealth Futures, Israel's announcement of military action against Lebanon has limited impact on crude oil prices, while the US stock market has rebounded and gold prices continue to weaken. The central bank's purchase of gold provides a bottom line, but lacks sufficient driving force for upward movement. Under the AI siphon effect, gold is facing liquidity pressure, which is the main reason for its weakness.