The USD regained its form with most other currencies in theworld
USD demonstrated its strength compared to most other currencies in the world, causing XAU to fall deeply
World gold spot price stands around 2,318.7
World gold prices plummeted as the USD continued to demonstrate its strength compared to most other currencies in the world
Gold price dropped sharply mainly due to the increase in USD price. DXY index
The Fed still follows the trend of delaying interest rate cuts to wait for US macro signals, especially inflation data.
Investors are waiting for information about the personal consumption expenditure price index (PCE), expected to be announced this Friday. This is an important measure of the health of the US economy, used by investors, economists and policymakers to evaluate the effectiveness of monetary policy and forecast trends. future economic direction.
World gold spot price stands around 2,318.7
World gold prices plummeted as the USD continued to demonstrate its strength compared to most other currencies in the world
Gold price dropped sharply mainly due to the increase in USD price. DXY index
The Fed still follows the trend of delaying interest rate cuts to wait for US macro signals, especially inflation data.
Investors are waiting for information about the personal consumption expenditure price index (PCE), expected to be announced this Friday. This is an important measure of the health of the US economy, used by investors, economists and policymakers to evaluate the effectiveness of monetary policy and forecast trends. future economic direction.
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