Gold increased sharply after US economic data weakened
Mis à jour
XAU stays near historic peak, domestic gold skyrockets after more than 2 months of "immobility"
World gold prices continue to climb and are at a historic peak due to the further weakening of the USD.
According to the CME FedWatch tool, the market is betting on a 100% chance that the US Federal Reserve will cut interest rates on September 18.
Earlier this week, Fed Chairman Jerome Powell said that recently released data "increases confidence" that inflation is falling sustainably toward the Fed's target level.
Many Fed policymakers also said they are increasingly optimistic that inflation is on track and falling toward the 2% target mark.
World gold prices continue to climb and are at a historic peak due to the further weakening of the USD.
According to the CME FedWatch tool, the market is betting on a 100% chance that the US Federal Reserve will cut interest rates on September 18.
Earlier this week, Fed Chairman Jerome Powell said that recently released data "increases confidence" that inflation is falling sustainably toward the Fed's target level.
Many Fed policymakers also said they are increasingly optimistic that inflation is on track and falling toward the 2% target mark.
Note
SELL XAU 2467 TP1: 2460
TP2: 2454
SL: 2475
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.