Will tonight's PCE bring Bullish news? The bearish trigger for Gold may be ignited!

After the Fed took a hawkish stance, the market fell into chaos. Will tonight's PCE data bring a glimmer of hope for the bulls?

Golden10 DataDec 20 17:03

Powell's fulfillment of a "hawkish" stance ignites a major market trend! Gold falls below 2600, and the S&P experiences its largest decline in interest rates since 2001.

Powell emphasized that interest rate cuts will slow down, the US dollar index rose above 108, the Dow fell by more than a thousand points, and the S&P recorded its largest decline on a rate cut day since 2001, with Gold experiencing a significant drop of nearly 60 dollars during the session...

Golden10 DataDec 19 07:28

Breaking news! India's record gold import data may be a "big blunder".

Insiders suggest that India's gold import figures for November may have been overestimated by up to 50 tons, which is nearly 30% of the total gold imports for that month.

Golden10 DataDec 18 22:41

UBS Group continues to be bullish on Gold: it will rise to 2,900 dollars next year!

UBS Group maintains a bullish outlook on Gold for the next 12 months and recommends that investors allocate about 5% of their portfolio to Gold as a diversification investment.

Golden10 DataDec 18 16:58

China has purchased a large amount of Gold? Goldman Sachs continues to Call the gold price to $3000.

Goldman Sachs Precious Metals Analyst refutes the skeptics, disagreeing with the argument that "Gold cannot rise to $3000 per ounce before the end of 2025 if the dollar continues to strengthen for a longer period."

Golden10 DataDec 18 11:15

After a 30% surge this year, who will buy gold next year? JPMorgan: Global central banks, Chinese mothers, and Western Gold ETFs all have room for growth.

Driven by macroeconomic uncertainty and expectations of interest rate cuts by the Federal Reserve, Global central banks, China Consumers, and Gold ETFs are set to become the main buyers of gold next year. JPMorgan predicts that the gold price may exceed $3,000 per ounce by 2025.

wallstreetcnDec 15 17:58