PLMAIN Platinum Futures(JUL4)
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Platinum Futures(JUL4) News
Gold once fell below the 2360 mark! Bears are probably aiming for this target
The medium- to long-term outlook for gold is still constructive, but in the short term, bears may be aiming for this target position...
Gold market analysis: The Federal Reserve's minutes are hawking, and gold is being pressured and has retreated sharply
Wang Gang of the Guangdong branch of the Bank of China said that the price of gold fell sharply by more than 40 US dollars on Wednesday. The minutes of the Federal Reserve meeting show that the current cautious remarks made by Fed officials have lowered hopes for interest rate cuts, causing the market to worry that higher interest rates for a longer period of time will drag down demand. For this reason, the market has greatly reduced the probability that the Federal Reserve will cut interest rates in summer. Some agencies have given analytical opinions that it is impossible to cut interest rates until the fall or even within the year. As a result, gold's gains have cooled down, and investors have made profits.
Expectations of the Fed's interest rate cut weakened the gold price correction, and Lingbao Gold fell 5%, leading the decline in gold stocks
① What did the minutes of the Federal Reserve's May meeting mention? ② Why did the decline in interest rate cut expectations trigger a pullback in gold prices? ③ What do you think of the subsequent gold price?
The minutes of the Federal Reserve meeting discussed “interest rate hikes,” and gold lost five major hurdles in a row
The minutes of the “hawkish” FOMC meeting show that many officials are willing to further tighten policies, fearing that the financial situation is “too loose.”
Gold trading reminder: The minutes of the hawkish Federal Reserve meeting weighed on expectations of interest rate cuts, and the price of gold plummeted by more than $40
The price of gold fell by more than 40 US dollars on Wednesday, hitting a low of 2374.84 US dollars/ounce, closing at 2378.44 US dollars/oz. The minutes of the Federal Bank's last meeting showed that policymakers acknowledged disappointment with recent inflation readings, which helped the US dollar and US bond yields rise, causing gold bulls to make profits and clearly put pressure on the price of gold.
[Gold Closing] The minutes of the Federal Reserve meeting hit the market weight. Gold was once again under pressure, and the price of gold fell by more than 1%
On Wednesday (May 22), according to the FOMC meeting minutes, although US monetary policy has become a secondary factor in the gold market, continued inflation may cause further selling pressure as it may force the Federal Reserve to raise interest rates again. Investors have made profits, gold gains have cooled down, and traders have withdrawn their bets on the Federal Reserve cutting interest rates this year.
Gold bulls are “lying flat”! Before the minutes of the Federal Reserve meeting, the price of gold fell below 2,390 US dollars. Is it difficult for the monetary policy market to “sound dove”?
The price of gold fell below $2,390 on Wednesday (May 22) as investors waited for the minutes of the Federal Reserve's most recent policy meeting to learn more about the interest rate cut schedule.
Record open positions! The global futures market is already playing behind the explosion of the “periodic table of elements” Hi
① In the past few months, the most impressive market in the global financial market is probably the “periodic table of elements” market in the commodity market. ② The speculative boom of traders in the futures market has pushed the prices of metals such as copper and gold to historic highs; ③ Many fund managers are either betting that these metals will face a shortage of supply or are trying to hedge against the risk of inflation.
Gold trading reminder: Gold prices fluctuate below historical highs, awaiting guidance from the minutes of the Federal Reserve meeting
While the US dollar rose, the price of gold fell slightly on Tuesday, but remained near the record high set on the previous trading day, remaining above 2,400 US dollars, closing at 2420.73 US dollars/ounce, supported by risk aversion and the prospect of the US easing interest rate policy this year. Investors will keep a close eye on the minutes of the Federal Reserve's last policy meeting to be released on Wednesday.
Express News | Morgan Stanley: Gold is more likely to rise to $2,760 an ounce.
Express News | Morgan Stanley: Gold risks continue to lean upward.
Wall Street analysts are in trouble! Is this “golden” joy over the top?
Analysts say the most immediate question worth one million dollars is: is this wave of gains still reasonable?
The market suddenly “changed its face”! Gold prices plummeted by about 20 US dollars from a daily high. Gold's latest intraday trading analysis
At the end of the Asian session on Tuesday, spot gold maintained an intraday downward trend. The price of gold is currently around 2,413 US dollars/ounce, falling about 20 US dollars from the intraday high of 2433.13 US dollars/ounce. According to Economies.com, the price of gold has begun to look at air conditioning as a whole; once it falls below 2,400.00 US dollars/ounce, the price of gold may experience a further decline.
Gold prices hit another record high, and major banks continue to be bullish
Agencies such as Societe Generale Bank believe that the basis for gold's long-term rise is still there, and it will continue to rise until at least the end of the year.
Can I still buy money now? UBS conducted in-depth research on China's gold market
UBS pointed out that the Chinese market sentiment tends to buy when the price of gold recovers. As a result, future investors may be more likely to react flexibly to the price and be willing to buy at a decline of around $2,250 per ounce.
Is the precious metals market playing a “rich-making game”? Gold, silver and copper are “rising”, and these Hong Kong and US stocks are expected to benefit!
As investors' expectations that the Federal Reserve will lead the world's central banks to cut interest rates during the year continue to heat up, and news surrounding the helicopter accident involving the Iranian president has also stimulated safe-haven demand in the precious metals market.
Gold market analysis: Weakness in the US economy helped gold rise sharply to a pre-test high
Bank of China Guangdong branch Wang Gang said that high inflation, high interest rates, rising household debt, and depleted pandemic savings are all expected to continue to drag down the US economy in 2024. Furthermore, data reflecting inflation, such as CPI and retail sales, released by the US last week have all eased markedly, once again raising the market's expectations that the Federal Reserve will speed up the pace of interest rate cuts this year. To this end, gold also responded positively to the view that US inflation may be under control and that the US hopes of cutting interest rates will be revived.
The “precious metals frenzy” continues: gold continues to reach record highs, and silver rises above $32
① Shortly after the opening of the Asian session on Monday, spot gold further hit a record high, while the price of silver rose above $32; ② The “precious metals frenzy” continued, as investors' expectations that the Federal Reserve would lead the world's central banks to cut interest rates during the year continued to heat up, and news surrounding the helicopter accident involving the Iranian president also stimulated safe-haven demand.
Gold and silver are booming in the short term! Luntong led the explosion of non-ferrous metals across the board
Bullish bets on gold have surged, and the strong rise in copper is affecting silver. Investors are piling up to invest in metals, buying long positions, closing short positions, and adding large amounts of margin... The metals market is very lively.
Gold Holds Near Record as Fed Rate-Cut Optimism Fuels Demand
Gold notched a fresh all-time high, as investor demand soared across the broader metals complex amid increasing optimism the US will cut rates this year.