Gold Price was moederately higher during US trading Wednesday and only showed little initial reaction to the US central bank raising its main interest rate by 25 basis points. The Federal Reserve’s Open Market Committee (FOMC) said that the US economy is growing moderately in the statement. Traders would like to see if Fed Chair…
Tag: LBMA
All eyes on interest rates as Fed prepares to meet.
Gold slips early Mondays as investors are waiting for direction from the next US Federal Reserve meeting on Wednesday. 美联储准备召开会议，市场关注利率走向。 投資者正在等待週三美聯儲下次會議的指示，黃金週一早盤下滑。 Disclaimeri The views expressed in this article are those of the author and may not reflect those of Art-Invests. The author has made every effort to ensure accuracy of information provided; however, neither Art-Invests…
Gold price still shows resilience
Gold price shows resilience with holding critical support around USD 1,950 an ounce even amid an expected tight moneary policy from US Federal Reserve. In an inverview with Kitco News, Carley Garner, co-founder of the brokerage from DeCarley Trading, said that she remains bullish on gold market in the long term, now is not the…
Switzerland’s gold shipments export fell to 10-month lows as gold price surged since April
According to Swiss customs data, Switzerland’s gold shipments to China, India and Turkey fell in April and dropped to 10-month lows amid a surge in gold price. Switzerland is a global transit hub for gold, which is why the country’s customs export data is often used as a market gauge and an analysis which counties…
金价今早曾经升至接近每盎司2050美元
金价今早曾经急升接近每盎司2050美元，但因利润回吐而下跌近20美元。上周，美国联邦储备委员会宣布加息0.25个百分点。一般来说，更高的利率通常对黄金等贵金属不利，使其作为替代投资选择的吸引力降低。然而，停顿或结束加息或有可能会再次推动金银市场看涨。 全球投资者目前正在密切关注拜登和国会领导人在美国债务上限僵局以及潜在的银行危机问题。这两个因素将在美国和全球经济增长上产生重大影响。美国市场的不确定性将促使投资者转向避险资产-黄金市场。 图片来源: https://www.pexels.com/photo/gold-coins-and-bars-on-black-background-8442322/
Gold above USD 2,000 per troy oz again
Gold is above USD 2,000 per troy oz solidly on Wednesday amid the disappointing data of US job market. The weak economic reports and uncertaintly in the global investment sentiment support the gold hanging near a one-yaer high. The waek job data in US signaling that the US econimy is heading for a sharp slowdown.