News Formal

Gold Market Remains Steady as Investors Await Central Bank's Easing Cycle

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 10 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 45%
  • Publisher: 78%

Finance Berita

Gold Market,Investor Attention,Rate Cuts

The gold market is ending the week with modest gains, it remains caught in its weeks-long channel as resistance at $2050 an ounce continues to hold. The gold market continues to attract investor attention even after imminent rate cuts were taken off the table, as the Federal Reserve has signaled that it will ease its monetary policy this year. Many analysts and economists expect the central bank to embark on its new easing cycle in June. Analysts remain bullish on gold as rates will inevitably move lower; however, according to some, gold could continue to struggle as many investors look for excitement in equity markets.

The gold market is ending the week with modest gains, it remains caught in its weeks-long channel as resistance at $2050 an ounce continues to hold. The gold market continues to attract investor attention even after imminent rate cuts were taken off the table, as the Federal Reserve has signaled that it will ease its monetary policy this year. Many analysts and economists expect the central bank to embark on its new easing cycle in June.

Analysts remain bullish on gold as rates will inevitably move lower; however, according to some, gold could continue to struggle as many investors look for excitement in equity markets

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 13. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Gold market analysis for February 16 - key intra-day price entry levels for active tradersThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Sumber: KitcoNewsNOW - 🏆 13. / 78 Baca lebih lajut »

USD gold market hides a massive shift: Global demand is now price-insensitiveThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Sumber: KitcoNewsNOW - 🏆 13. / 78 Baca lebih lajut »

Gold rises as a result of dollar weakness and market participants actively buyingThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Sumber: KitcoNewsNOW - 🏆 13. / 78 Baca lebih lajut »

Gold price weaker on booming U.S. stock market, China demand worriesThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Sumber: KitcoNewsNOW - 🏆 13. / 78 Baca lebih lajut »

Gold price weaker amid bearish outside market forcesThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Sumber: KitcoNewsNOW - 🏆 13. / 78 Baca lebih lajut »