GDX240913P42000
- 4.90
- 0.000.00%
VanEck Gold Miners Equity ETF Newsroom
Who has a higher winning percentage between the US dollar, the Chinese yuan, and gold before and after the first rate cut by the Federal Reserve?
From the historical interest rate cuts, the US dollar is under short-term pressure after a rate cut, and the medium to long-term trend is influenced by the relative strength of the US economy and global risk aversion, making it difficult to predict. The RMB exchange rate is relatively independent, with a greater chance of gold winning.
Gold has experienced a sudden surge in the market! The price of gold during the Asian session soared by nearly $17. The latest analysis of gold's intraday trading by reputable institutions.
On Thursday, the Asian session closed with a sudden acceleration in the short-term price of gold, with the price just breaking through $2575 per ounce, rising more than $16 for the day. According to Economies.com, the gold price has successfully reached its target price of $2600.00 per ounce; after a brief bearish adjustment, the gold price resumed its upward trend and is currently testing $2600.00 per ounce again.
Why Gold Has Outperformed Gold Miners
After the Federal Reserve aggressively cut interest rates by 50 basis points, Powell triggered a violent pullback in the gold price! How should one trade gold next?
The gold market in New York experienced dramatic volatility during Wednesday's session. After the Federal Reserve cut interest rates by 50 basis points, spot gold briefly hit a new all-time high. However, Powell's speech caused the price of gold to plummet significantly from its high, falling below $2,550 per ounce at one point. FXStreet analyst Christian Borjon Valencia pointed out that the price of gold briefly reached a historical high of $2,600 per ounce. However, buyers were unable to break through this level, which may pave the way for a pullback in gold prices.
Shocking! Gold price plunges over $53 after Powell's speech from historical highs. What's going on?
#Gold Technical Analysis ##Fed Policy Shift#24K99 News After a 50 basis point rate cut by the Fed on Wednesday (September 18th), Fed Chairman Powell hinted that policy makers were not in a hurry to significantly reduce interest rates, and the gold price fell sharply from its historical high by more than 53 dollars.
The Federal Reserve has made a rare and significant cut of 50 basis points! Powell: Don't think this is a new pace of rate cuts.
Federal Reserve Chairman Powell's hawkish comments indicate that the Fed's economic forecast summary does not indicate any urgency to cut interest rates. Monetary policy decisions will be driven by data, and rate cuts will be accelerated, slowed down, or paused as needed. He stated that the increased downside risks to US employment are worth watching, and the subsiding upside risks to inflation are encouraging, but the fight against inflation is not yet won. The Fed does not have a predetermined policy path and will decide on actions at future meetings.
Here comes the full text! Powell's press conference was quite hawkish, causing a major reversal in assets. What did he say exactly? (Chinese-English Comparison)
If the economy remains stable and inflation continues to exist, the Federal Reserve will switch to cutting interest rates more slowly; if the labor market unexpectedly weakens or inflation decreases faster than expected, it is also prepared to respond with aggressive interest rate cuts.
Gold Jumps to Record High Before Swinging to Loss After Fed's Jumbo Rate Cut
VanEck Gold Miners Equity ETF Options Spot-On: On September 18th, 191.34K Contracts Were Traded, With 3.34 Million Open Interest
On September 18th ET, $VanEck Gold Miners Equity ETF(GDX.US)$ had active options trading, with a total trading volume of 191.34K options for the day, of which put options accounted for 38.27% of the
Shares of Gold Stocks Are Trading Higher in Sympathy With Overall Market Sentiment After the Fed Policy Decision to Cut Rates by 50 Basis Points.
20 S&P 500 Stocks That Move The Most When The Fed Starts Cutting Interest Rates
Gold prices are high, but are stores still struggling to sell? The Mid-Autumn Festival gold consumption is mainly driven by essential needs in the industry.
During the Mid-Autumn Festival holiday, the London spot gold price approached $2,600 per ounce, reaching a historical high. The domestic gold jewelry prices are also high, with many potential buyers taking a wait-and-see approach, and the consumer base mainly consisting of customers with newlywed needs. Analysts believe that under the backdrop of high gold prices, the "National Day" gold retail market may still face pressure.
Gold Miners Historic Underperformance Could Soon Start to Improve, UBS Says
Gold Has Been Pricing in 50bps Cut From Fed: Strategist
Leading institutions: as long as this level is maintained, the price of gold may still have a large increase of nearly $30.
#Gold Technical Analysis# At the early European session on Wednesday (September 18), spot gold rose in the short term, and the price of gold once again returned to above $2570 per ounce.
Will the Federal Reserve welcome its first interest rate cut in four years? Will gold have a bright future?
Not just a simple rate cut! This Fed meeting has a lot of information, investors must fasten their seat belts tonight.
Is the Fed's rate cut cycle "terrifying"? Analyst at ANZ Bank: Gold prices will explore $2,900!
ANZ analyst said that investors should pay attention to the overall interest rate trend, whether the interest rate is cut by 25 or 50 basis points this week, and there will be further interest rate cuts in 2025. The price of gold will rise to $2900 by the end of next year.
Wall Street's "short god": If Harris is elected, he will hold gold and cash.
During the financial crisis, the Wall Street 'God of the Void' Paulson warned that Harris's economic policies would cause investors to panic and lead to the collapse of american financial. If she wins, he will withdraw his money from the market.
Gold Is Giving You a Once-in-a-generation Buying Opportunity on Its Way to 4,400
VanEck Gold Miners Equity ETF Options Spot-On: On September 17th, 90,375 Contracts Were Traded, With 3.31 Million Open Interest
On September 17th ET, $VanEck Gold Miners Equity ETF(GDX.US)$ had active options trading, with a total trading volume of 90,375 options for the day, of which put options accounted for 43.83% of the