[Institutions: Expectations of Fed rate cuts cool down, and hopes for Middle East conflict resolution may limit gold price gains]



On April 6, according to Jin10, Sky Links Capital CEO Daniel Takieddine stated that as market expectations of Fed rate cuts weaken, the potential for gold to rise may be limited. Strong US labor market data support US Treasury yields, putting pressure on gold.

Ongoing diplomatic efforts support market expectations that the Middle East conflict may be resolved, further increasing uncertainty about gold prospects. However, geopolitical risks outside the Middle East and continued central bank gold purchases are still providing support for gold prices. He pointed out that the short-term trend of gold will depend on upcoming US economic data, Federal Reserve policy signals, and developments in geopolitical situations.

#Gate廣場四月發帖挑戰
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin