Monthly Archives: August 2024
41654156156Will Gold Break Records Amid Fed Dovishness And Rising Tensions?

Written on August 1, 2024 at 1:20 am, by 王建军
Fundamental Analysis * Dovish Statements from Fed and Risk-Off Sentiment: Gold prices rebounded and extended their gains, driven by two major factors. First, the Federal Reserve’s dovish tone and hints at potential rate cuts bolstered demand for the non-yielding asset. Second, escalating tensions in the Middle East added to the safe-haven appeal of gold asContinue Reading