Gold prices have plunged! Nvidia plummets, pointing to 'collapse'!

Yesterday evening, after the opening of the US stock market, the Nasdaq index plunged from gains to losses, as of the close, the Standard & Poor's 500 index fell 1.59%, the Nasdaq composite index fell 2.78%, the Dow Jones industrial average fell 0.45%. In addition, the VIX fear index surged 10.6%. Symbolizing the current bull market in the US stock market, the "seven giants" collectively plunged, and the overall market value evaporated nearly 550 billion US dollars (about 4 trillion yuan). Among them, Nvidia rose 2% from the opening to close down more than 8%, and its market value evaporated more than $270 billion. In addition, spot gold once fell below $2,870 / ounce, COMEX gold main contract also fell more than 1%, Shanghai gold also fell to 677 yuan, down nearly 0.6%. It is reported that the decline in gold prices is mainly due to three major reasons, one is the easing of geopolitical risks such as Russia and Ukraine at this stage, the second is the uncertainty of the path of the Federal Reserve, and the third is that some investors choose to take profits at high levels and technical selling.

Gold price plunge, Nvidia plunge and Nasdaq index crash this series of events interwoven, their interaction to the financial and other areas of the impact is also multifaceted. The first is the impact on the financial market, the diving gold price usually means the weakening of risk aversion in the market, which may lead investors to re-evaluate and adjust other assets, thereby increasing the volatility of the market. A fall in gold prices could trigger a rebalancing of investors' portfolios. Some investors may choose to increase the proportion of their investment in gold to diversify their risk or seek better investment returns; Others may fear a further fall in gold prices and choose to reduce their gold investments or switch to other assets. At the same time, Nvidia is a bellwether in the tech industry, and its share price slump could lead to a realignment of valuations across the entire tech sector. Investors may re-evaluate the profitability, growth potential and market competitiveness of technology companies, and adjust their investment strategies for these companies. Nvidia's plunge could trigger more volatility in the stock market. Because of the importance of technology stocks in the stock market, stock price movements of tech giants such as Nvidia tend to have a significant impact on the overall stock market. As a result, a plunge in Nvidia's share price could lead to a big drop or wobble in the stock market.

The second is the impact on the global economy, gold as a safe haven asset, the sharp decline in its price may trigger market concerns about the global economy. Investors may be concerned about the risk of an economic slowdown or recession, which could lead them to invest more cautiously, further increasing market volatility. From a broader perspective, Nvidia's plunge could have implications for the global economy. Because the technology industry plays an important role in the global economy, stock price movements of tech giants like Nvidia can affect the growth rate and stability of the global economy. In addition, the products and services of tech companies such as Nvidia are also widely used in various fields, and changes in their stock prices can have ripple effects on the global economy.

The third is the impact on investors, the fall in gold prices may trigger investors to adjust their portfolios. Some investors may choose to increase the proportion of their investment in gold to diversify their risk or seek better investment returns; Others may fear a further fall in gold prices and choose to reduce their gold investments or switch to other assets. Nvidia's plunge could dampen investor confidence. Investors may worry about the future prospects and profitability of the tech sector and choose to reduce their investments or move to other sectors. That could lead to outflows from the stock market, further exacerbating the market's downward trend.

To sum up, the combination of gold's plunge, Nvidia's plunge, and the Nasdaq's collapse has had a profound impact on financial markets. These events have not only increased market volatility, but also raised investor concerns about a global economic slowdown and could have an important impact on future market movements.