Recently, a series of events have raised concerns about the independence of the Federal Reserve, which has brought new momentum to the gold market. The rise in risk aversion, combined with market expectations of interest rate cuts, has pushed gold prices to maintain a high level around 3370 points.



Investors are now turning their attention to the upcoming key economic indicators, particularly the core Personal Consumption Expenditures (PCE) data and the weekly initial jobless claims. These data are viewed as important metrics for gauging the health of the economy and could significantly influence the future trend of gold.

Analysts point out that if the core PCE data shows that inflation pressures continue to ease, or if initial jobless claims unexpectedly rise, it could further strengthen the market's expectations for the Federal Reserve to potentially cut interest rates earlier, thereby providing additional support for gold prices.

However, some experts also remind that the current gold price is at a relatively high level, and investors should closely monitor changes in the global economy and geopolitical situation, as well as the monetary policy trends of various central banks, as these factors may have a significant impact on the gold market.
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ForkItAllvip
· 8h ago
True gold hard currency, those who understand know.
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LayerZeroHerovip
· 08-26 04:50
Are the expectations of interest rate cuts really reliable?
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AlwaysMissingTopsvip
· 08-26 04:48
The current long order is very stable.
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