On January 9th, Jins data news, despite the continued strength of the US dollar and the possibility of a smaller interest rate cut this year, the gold price is still pumping, and traders are currently looking for clearer signals about the future monetary policy direction. Due to geopolitical tensions, concerns about strict tariffs on the United States, and support from Central Bank buying, the gold price has risen. Nevertheless, the resilience of the US labor market has brought uncertainty to gold, as it may reduce the possibility of aggressive interest rate cuts by the Federal Reserve. Quasar, a research strategist at Pepperstone....
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.
On January 9th, Jins data news, despite the continued strength of the US dollar and the possibility of a smaller interest rate cut this year, the gold price is still pumping, and traders are currently looking for clearer signals about the future monetary policy direction. Due to geopolitical tensions, concerns about strict tariffs on the United States, and support from Central Bank buying, the gold price has risen. Nevertheless, the resilience of the US labor market has brought uncertainty to gold, as it may reduce the possibility of aggressive interest rate cuts by the Federal Reserve. Quasar, a research strategist at Pepperstone....