XAUUSD: Predicted further decrease
According to Kitco News, the FED's revision of monetary policy by halving interest rate cuts next year is the key reason why the world gold market has been almost paralyzed in recent days.
Currently, the FED is expected to only cut interest rates by 0.25 percentage points (25 basis points) 2 times instead of 4 times as announced in the last June meeting, meaning that The Fed's interest rates will remain high above 5% throughout 2024. This makes gold investors confused, as the high interest rate environment is an unfavorable signal for precious metal prices, as they increase costs. opportunity cost of holding unprofitable assets.
Currently, the FED is expected to only cut interest rates by 0.25 percentage points (25 basis points) 2 times instead of 4 times as announced in the last June meeting, meaning that The Fed's interest rates will remain high above 5% throughout 2024. This makes gold investors confused, as the high interest rate environment is an unfavorable signal for precious metal prices, as they increase costs. opportunity cost of holding unprofitable assets.
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。