GOLD - Gold trend, now should buy or sell
The world gold price continued to increase slightly with spot gold up 7.1 USD to 1,971.2 USD/ounce. Gold futures in August last traded at $1,972.5 per ounce, up $8.8 from dawn the day before.
Gold markets stabilized and reacted mildly after the US Federal Reserve (Fed) decided to raise interest rates by 25 basis points at its July meeting, paying the federal funds rate to between 5.25% and 5.25 basis points. 5.50%. US profit margins are now at a 22-year high. However, analysts noted that the latest monetary policy statement was essentially unchanged from last month's meeting when it continued to focus on the inclusion of the 2% target.
In the face of an inflationary threat, the US Central Bank has set an upbeat tone as it sees the economy expanding at a moderate pace. Adam Button, chief currency strategist at Forexlive.com, noted that, interestingly, the Fed did not adjust its stance on usage as it cooled sharply in June at its slowest pace in two years. .
Gold markets stabilized and reacted mildly after the US Federal Reserve (Fed) decided to raise interest rates by 25 basis points at its July meeting, paying the federal funds rate to between 5.25% and 5.25 basis points. 5.50%. US profit margins are now at a 22-year high. However, analysts noted that the latest monetary policy statement was essentially unchanged from last month's meeting when it continued to focus on the inclusion of the 2% target.
In the face of an inflationary threat, the US Central Bank has set an upbeat tone as it sees the economy expanding at a moderate pace. Adam Button, chief currency strategist at Forexlive.com, noted that, interestingly, the Fed did not adjust its stance on usage as it cooled sharply in June at its slowest pace in two years. .
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.