Since May, gold and U.S. stocks have risen in tandem again.



The key factors influencing gold prices moving forward: First, U.S. inflation is warming up, and the employment market remains relatively weak. The Federal Reserve faces significant resistance to cutting interest rates, and an economy that is inflating without stagnation will support gold prices; institutions expect a 25 basis point rate cut this year and next, with long-term interest rates remaining at 3.1%.

Second, the Federal Reserve experienced personnel changes in May, with Powell remaining as a board member, and the original policy style is expected to continue in the short term.
View Original
post-image
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