On Thursday, gold prices are showing a rise after falling to a two-week low in the previous session. The current quote of the asset is $2,322.90 per ounce, yesterday's low was marked at $2,306. Investors are waiting for the publication of data on inflation in the United States, which may clarify the prospects for the Fed's monetary policy. The representative of the regulator, Michelle Bowman, stressed on Wednesday that she expects a further slowdown in inflation while keeping rates unchanged. In her opinion, a reduction in rates would be appropriate if inflation steadily declined to 2%. The pressure on gold is exerted by a strong dollar, which is trading near 8-week highs. The yield on ten-year U.S. Treasury bonds also remains at high levels. Tomorrow, attention should be paid to the publication of data on the personal consumption Expenditure Price Index (PCE). Analysts note that if the underlying PCE index forces markets to be more pessimistic about the timing of the Fed's first key rate cut, gold may fall back to the $2,270 level. Silver on the spot market fell 0.1% to $28.74 per ounce, platinum – 0.3% to $1007.33, palladium rose 0.2% to $930.39.
TAUTAN CEPAT
ForexMart is authorized and regulated in various jurisdictions.
(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines
Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.
Hubungi kami 
