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nanalovemartin

@nanalovemartin

The future trend of gold prices will be affected by three major factors, the first of which is the attitude of the US Federal Reserve. The latest U.S. Consumer Price Index (PCE) in January increased by 2.6% year-on-year, in line with expectations. PCE is the Federal Reserve's favorite inflation data, but the outside world assesses that the January PCE figure may not be enough for the Federal Reserve to initiate a rate cut. If the Fed continues to remain on hold, it will have a negative impact on gold prices because maintaining interest rates at a higher level will reduce the attractiveness of gold, thereby pushing down gold prices.
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