GOLD240920C12000
- 8.25
- -0.20-2.37%
Barrick Gold Newsroom
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.
Unusual Options Activity: SIRI, COIN and Others Attract Market Bets, SIRI V/OI Ratio Reaches 72.1
EST Sep 19th Afternoon Delivery - In the last two hours of trading, 10 options with a high V/OI ratio were detected. With the market volatile, it's crucial to stay informed on the latest options
Shares of Precious Metals Stocks Are Trading Higher as Gold and Silver Rise After the Fed on Wednesday Cut Rates by 50 Basis Points.
Gold suddenly took a big turn! The price of gold surged $25 within the day. What's next? FXStreet analyst's technical analysis of gold price.
In early European trading on Thursday, spot gold surged significantly, with the price of gold approaching $2585 per ounce, rising $25 intra-day. Dhwani Mehta, a senior analyst at FXStreet, pointed out that based on the daily chart of gold, the relative strength index (RSI) is bullish, which continues to keep buyers active, and the price of gold is expected to retest $2600 per ounce.
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.
Silver bulls explode! Silver prices surged over 3% intraday. Analysis of silver trading by well-known institutions.
At the end of Thursday's Asian session, spot silver maintained a strong rebound trend during the day, with silver prices just reaching the $31.00 per ounce level, a daily increase of over 3%. According to Economies.com, if silver prices confirm a breakthrough of $31.00 per ounce, this will open up further room for silver prices to rise.
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.
Express News | Spot gold touched the $2600 mark upward again, hitting a new historical high.
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.
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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.