Gold price, affected by the weakening of US inflation data and the volatility of the stock market, has repeatedly set new highs. On Thursday, the NYMEX gold futures price once approached the $3000 mark. StoneX analyst Fawad Razaqzada stated that in the short term, the price of gold seems increasingly likely to reach or even exceed the level of $3000 per ounce. Unusually, the pump in gold price in the past few trading days occurred while the US dollar was strengthening, which is usually unfavorable for the gold price. FxPro analyst Alex Kuptsikevich stated: 'The only reliable correlation we see with gold is the view on global monetary policy.' 'Weak economy and global inflation slowdown are driving the pump in gold price.' The recent declines in the S&P 500 and Nasdaq indices have prompted investors to turn to gold as a safe haven asset. Meanwhile, weaker than expected US inflation data has boosted hopes for a Fed rate cut, which has also boosted gold.
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WaitForTheEveningBreezeO
· 03-13 17:45
快bir pozisyon girin！🚗
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CryptoAnalysisMehedi
· 03-13 17:08
Bir sonraki boğa koşusunu bekliyoruz.Boğa Koşusu 🐂
ABD enflasyonundaki zayıflama ve ekonomik Dalgalanma etkisi altında altın fiyatları sürekli yeni zirveler yaratıyor
Gold price, affected by the weakening of US inflation data and the volatility of the stock market, has repeatedly set new highs. On Thursday, the NYMEX gold futures price once approached the $3000 mark. StoneX analyst Fawad Razaqzada stated that in the short term, the price of gold seems increasingly likely to reach or even exceed the level of $3000 per ounce. Unusually, the pump in gold price in the past few trading days occurred while the US dollar was strengthening, which is usually unfavorable for the gold price. FxPro analyst Alex Kuptsikevich stated: 'The only reliable correlation we see with gold is the view on global monetary policy.' 'Weak economy and global inflation slowdown are driving the pump in gold price.' The recent declines in the S&P 500 and Nasdaq indices have prompted investors to turn to gold as a safe haven asset. Meanwhile, weaker than expected US inflation data has boosted hopes for a Fed rate cut, which has also boosted gold.