Recent developments in the Middle East have led to significant fluctuations in international precious metal prices. According to Jin10, the Shenzhen Shuibei market has experienced a rapid shift in sentiment from 'chasing gains' to 'cautious observation' within a few days. The sharp volatility in gold and silver prices has not only affected the retail sector but has also impacted the wholesale market, with retailers across various regions slowing down their purchasing pace. This has resulted in a significant decline in gold and silver wholesale volumes in Shenzhen Shuibei
source: https://www.binance.com/en/square/post/298912174326993?utm_source=BinanceNewsRSS