Gold breaks through the $2,500 mark for the first time! After reaching a new high, will the next step be towards $2,700?
Boosted by the expectation of the Federal Reserve's upcoming interest rate cut, the price of gold broke the $2,500 per ounce mark for the first time on Friday.
The price of gold has broken through $2,500, reaching a new high. The time for the Federal Reserve interest rate cut is gradually approaching.
After two weeks of extremely turbulent trading, the price of gold skyrocketed to a new historical high. Inflation is continuing to slow down, which may lead the Fed to officially begin a monetary easing cycle next month by cutting interest rates by 25 basis points as planned.
"Black Swan" investors: Gold will once again be a "real opportunity"!
A well-known investor stated that the potential printing of money by the Federal Reserve will lead to stagnation, and after the "misery", gold and csi commodity equity index will once again become real trading opportunities.
Express News | The spot gold has hit a new historical high, reaching as high as $2490.
Gold Futures Close Higher, Tracking COMEX's Stronger Performance
Is the gold rally just getting started? Analysts say the trading is not crowded!
Analysts point out that the holding amount of gold ETFs is rising again, and actively managed funds will buy more gold futures when the trend is strong.