Analysis of the trend of gold market; This week, several important officials from the Federal Reserve and the European Central Bank will deliver speeches: on Tuesday, Federal Reserve Chairman Powell was invited to give a speech at the online annual meeting of the American Association of Business and Economics, and European Central Bank President Lagarde participated in a group discussion at the 10th anniversary celebration of the European Stability Mechanism. On Thursday, the Federal Open Market Committee of the Federal Reserve(FOMC)To be announced9month15-16Minutes of the Japanese Monetary Policy Meeting and Announcement by the European Central Bank8Monthly monetary policy ...
Analysis of spot gold and London gold market trends: Tuesday(9month29day)Spot gold has hit a four-day high, reaching1890.27dollar/Ounces, Expand Up Day1.07%The increase in price. Due to the intraday drop in the US dollar index94Pass, hitting a four-day low93.982. Spot gold rebounded for the second consecutive trading day as the US dollar index further moved away from the two month high recorded last week94.745. Traders watch the first debate of the US presidential candidate and the impact of the US stimulus plan ...
Monday(9month28day)As the market waits for the release of many heavyweight events this week, the US dollar index is expected to fall and record its largest daily percentage decline in a month; US stocks and spot gold rose strongly, with the Dow Jones index rising at one point500Point, spot gold rises to1870dollar/Above ounces. This week, US presidential candidates will hold their first debate, and the US will release its non farm payroll report. Recently, tensions between China, the United States, and the Taiwan Strait have been escalating ...
In the past week, spot gold has fallen by over a hundred dollars, while spot silver has plummeted by nearly15%The market logic is very clear, namely the liquidity panic caused by the worsening of the global pandemic, especially in Europe. The US dollar index has risen significantly, reaching a two month high, and the global stock market has experienced a sell-off, which is related to3The global outbreak of COVID-19 in the month was very similar, which also led to a decline in gold. Considering the weakening of short-term selling pressure on precious metals, the future gold market needs to pay attention to these five points,1The performance of the US dollar;2 ...
Friday(9month25day)In the European market, the US dollar regained its upward momentum and hit its highest point94.62, refresh7month24The highest level in recent days. Spot gold rebounded after rising and fell to its lowest point within the day1852.20dollar/Ounces; Spot silver fell beyond the limit1%, minimum22.410dollar/Ounces. Regarding the trend of the US dollar, some analysts believe that after more than a month of volatility, the US dollar has opened up a rebound space. What is driving the rebound of the US dollar is not actually changes in monetary policy expectations, but recent risk bias ...
Tip: Gold surged, while the top wolf continued to remain high and empty. European gold briefly rose to1874On the front line, the head wolf is here1870The first line quickly entered the empty market, and then gold fell as scheduled1860On the front line, continue counting money and achieve a double kill of gold. Trading is decisive, and those with ink stains can only continue to pat their thighs. The head wolf has always been dry with two horizontal and one vertical strokes Gold is almost in a sideways position today, but the top wolf is still able to enter the market decisively and make profits smoothly. European gold has surged to1874Duotou Ming ...
Today's latest news analysis: Friday（9month25In the early morning session of the Asian market, spot gold maintained a narrow range of volatility and is now rising in the short term2USD, Reported1865dollar/Ounces. On the previous trading day, spot gold received a report1867.26dollar/Ounces, up4.21USD or0.23%The lowest touch in the plate1848.22dollar/Ounces, highest touch1877.00dollar/Ounces. The three possible culprits behind the recent sharp drop in gold prices are the rebound of the US dollar, tightening liquidity, and weak demand ...
Analysis of the latest market trends of spot gold and London gold: Message: Thursday(9month24day)Spot gold falls below1850Da Guan, Chuang7month22The US dollar index has hit a two month low since the beginning of the day, further rising to a two month high94.5593The US dollar is favored as a safe haven, and global stock markets continue to be under pressure, with no demand for gold as a safe haven. In the context of a sharp drop in the stock market, it is inevitable that gold will be dragged down, but it is optimistic that the gold market will rebound again in the future. image3The moon is so beautiful ...
Thursday（9month24During the Asian session, the US dollar index fluctuated narrowly and has closed higher for four consecutive trading days, reaching a high of over eight weeks previously. The strong US dollar has increased the risk of further decline in spot gold due to this impact, and investors are eager to sell gold in exchange for cash to compensate for losses elsewhere. From the news perspective, there are still several Federal Reserve officials scheduled to deliver speeches within the day, and investors need to remain vigilant. The recent tone of the Federal Reserve is generally less dovish than expected. For other assets ...
Thursday(9month24day)In the Asian market, the US dollar index remained basically stable, with current reports94.40Nearby. Spot gold continues to be under pressure and is currently maintained at1860dollar/Below the ounce. With the sharp rise of the US dollar, there has been a significant decline in gold prices recently. If the US dollar remains strong, there is a risk of further decline in gold prices. In addition, technical indicators also indicate that gold prices may continue to decline. Gold data analysis: On Wednesday, gold plummeted more than2%The lowest water level in over two months ...
