Wolfinance star analysts believe that although the overall performance of the U.S. economic data released last week was strong, supporting the rise of the US dollar and hindering the rise of gold, the Federal Reserve reiterated that it will cut interest rates three times this year, and investors have high expectations for the Federal Reserve to cut interest rates...
Gold prices rose on expectations that the Federal Reserve will cut interest rates this year, although traders are still waiting for inflation data this week to confirm the timing of a rate cut. Spot gold closed at around $2,171.5 an ounce yesterday U.S. sales of new single-family homes unexpectedly fell in February after mortgage rates rose during the month, but...
After the gold daily line experienced a wave of highs and declines and closed the extremely long upper shadow line, it closed negative again, with continuous negative lines falling back, and the disk price has returned to the original correction area. Regarding the next trend of gold, we need to pay attention to the following points: First, from the perspective of...
The U.S. dollar rebounded 0.8% on Thursday after falling to a one-week low, causing gold to post a slight profit-making correction from highs. An unexpected rate cut by the Swiss National Bank on Thursday boosted global risk sentiment and underlined the dollar's appeal amid strong U.S. economic growth. In the global market, the United States remains the only...
After gold broke through the previous high of $2,195, it successively fell below the support levels of $2,195, $2,180, and $2,172, and then stopped falling and rebounded. There are currently no major news events to support the collapse of gold, but the war in Europe and the Middle East has a tendency to continue to expand, and the upward trend of gold will not...
The U.S. dollar index fell and spot gold prices rose, hitting a record high of $2,222.65 an ounce after the Federal Reserve largely maintained the policy outlook adopted in its summary of economic forecasts three months ago at its March meeting. The Fed kept borrowing costs at current levels at its March meeting and reiterated its outlook for a 75 basis point...