Interest rate cuts to warm up the frenzy? International gold prices hit new highs, how far can they go in the future
博阿尔农
发表于 2024-3-5 13:19:54
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On Monday, international gold prices surged sharply during European trading hours, with a surge of over 1% and approaching the $2130 mark, just a step away from the historical high set last year. With the release of the Federal Reserve's most important inflation indicator last week, the market has become increasingly optimistic about the prospect of interest rate cuts in the first half of the year, and the phenomenon of capital rushing has not only appeared in commodities, but also in cryptocurrencies. Bitcoin broke through $67000 in intraday trading and reached a new high for the year.
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Disclaimer: The views expressed in this article are those of the author only, this article does not represent the position of CandyLake.com, and does not constitute advice, please treat with caution.
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