简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
एब्स्ट्रैक्ट:Gold prices consolidates after hitting a record high ($2,075) in August, but the macroeconomic environment may keep gold afloat.
WikiFX News (24 Aug)- Gold prices consolidates after hitting a record high ($2,075) in August, but the macroeconomic environment may keep gold afloat.
The rebound in gold prices from the monthly low ($1,863) struggles to retain the momentum as the Federal Open Market Committee (FOMC) in its meeting minutes revealed a looming change in the monetary policy outlook: the FOMC has voted unanimously to push back “the expiration of the temporary U.S. Dollar liquidity swap lines through March 31, 2021” after extending its lending programs till the end of the year.
In addition, the Feds chairman Jerome Powell is expected to reveal something new at the Jackson Hole Economic Symposium scheduled for August 27-28, with the information further supporting gold prices.
The IG Client Sentiment report implies that the continuous crowding behavior may raise gold prices, heightening the appeal of gold as an alternative to fiat currencies. Technically speaking, it is expected to see bullish gold enduring as it has been trading to fresh yearly highs for every single month so far in 2020.
All the above is provided by WikiFX, a platform world-renowned for foreign exchange information. For details, please download the WikiFX App:
bit.ly/WIKIFX
Chart: IG Client Sentiment
अस्वीकरण:
इस लेख में विचार केवल लेखक के व्यक्तिगत विचारों का प्रतिनिधित्व करते हैं और इस मंच के लिए निवेश सलाह का गठन नहीं करते हैं। यह प्लेटफ़ॉर्म लेख जानकारी की सटीकता, पूर्णता और समयबद्धता की गारंटी नहीं देता है, न ही यह लेख जानकारी के उपयोग या निर्भरता के कारण होने वाले किसी भी नुकसान के लिए उत्तरदायी है।
IB
STARTRADER
EC Markets
Pepperstone
GO MARKETS
FP Markets
IB
STARTRADER
EC Markets
Pepperstone
GO MARKETS
FP Markets
IB
STARTRADER
EC Markets
Pepperstone
GO MARKETS
FP Markets
IB
STARTRADER
EC Markets
Pepperstone
GO MARKETS
FP Markets