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2022-02-08
Gold to hit US$2000 this year?
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U.S. gold futures were flat at $1,821.30.</p><p>The dollar was unchanged, while benchmark 10-year U.S. Treasuries were steady near their highest levels since December 2019 scaled in the previous session.</p><p>U.S. inflation data for January is due on Thursday, with markets now pricing in a one-in-three chance the U.S. Fed might hike rates by a full 50 basis points in March.</p><p>Gold is considered a hedge against inflation and geopolitical risks, yet rate hikes would raise the opportunity cost of holding non-yielding bullion.</p><p>There is no need for big monetary policy tightening in the euro zone as inflation is set to fall back and could stabilise at about 2%, European Central Bank President Christine Lagarde said on Monday, adding that high energy prices, the biggest driver of inflation, were likely to eat into household purchasing power.</p><p>Oil prices settled lower on Monday on faint signs of progress in nuclear talks between the United States and Iran, which could lead to the removal of U.S. sanctions on Iranian oil sales.</p><p>The coming days will be crucial in the Ukraine standoff, French President Emmanuel Macron said after a meeting with Russia's Vladimir Putin, who suggested some progress had been made in the talks.</p><p>Silver rose 0.1% to $23.01 per ounce, platinum was steady at $1,020.06, and palladium rose 0.2% to $2,266.79.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Gold steady near 1-week high as inflation risks lift demand</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGold steady near 1-week high as inflation risks lift demand\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-02-08 09:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Feb 8 (Reuters) - Gold prices were steady on Tuesday as inflationary pressures kept the safe-haven metal supported near previous session's one-week high, while market participants awaited U.S. inflation data that is crucial for the Federal Reserve's tapering timeline.</p><p><b>FUNDAMENTALS</b></p><p>Spot gold was steady at $1,821.26 per ounce, as of 0052 GMT, hovering close to Monday's high of 1,823.21. U.S. gold futures were flat at $1,821.30.</p><p>The dollar was unchanged, while benchmark 10-year U.S. Treasuries were steady near their highest levels since December 2019 scaled in the previous session.</p><p>U.S. inflation data for January is due on Thursday, with markets now pricing in a one-in-three chance the U.S. Fed might hike rates by a full 50 basis points in March.</p><p>Gold is considered a hedge against inflation and geopolitical risks, yet rate hikes would raise the opportunity cost of holding non-yielding bullion.</p><p>There is no need for big monetary policy tightening in the euro zone as inflation is set to fall back and could stabilise at about 2%, European Central Bank President Christine Lagarde said on Monday, adding that high energy prices, the biggest driver of inflation, were likely to eat into household purchasing power.</p><p>Oil prices settled lower on Monday on faint signs of progress in nuclear talks between the United States and Iran, which could lead to the removal of U.S. sanctions on Iranian oil sales.</p><p>The coming days will be crucial in the Ukraine standoff, French President Emmanuel Macron said after a meeting with Russia's Vladimir Putin, who suggested some progress had been made in the talks.</p><p>Silver rose 0.1% to $23.01 per ounce, platinum was steady at $1,020.06, and palladium rose 0.2% to $2,266.79.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2209248305","content_text":"Feb 8 (Reuters) - Gold prices were steady on Tuesday as inflationary pressures kept the safe-haven metal supported near previous session's one-week high, while market participants awaited U.S. inflation data that is crucial for the Federal Reserve's tapering timeline.FUNDAMENTALSSpot gold was steady at $1,821.26 per ounce, as of 0052 GMT, hovering close to Monday's high of 1,823.21. U.S. gold futures were flat at $1,821.30.The dollar was unchanged, while benchmark 10-year U.S. Treasuries were steady near their highest levels since December 2019 scaled in the previous session.U.S. inflation data for January is due on Thursday, with markets now pricing in a one-in-three chance the U.S. Fed might hike rates by a full 50 basis points in March.Gold is considered a hedge against inflation and geopolitical risks, yet rate hikes would raise the opportunity cost of holding non-yielding bullion.There is no need for big monetary policy tightening in the euro zone as inflation is set to fall back and could stabilise at about 2%, European Central Bank President Christine Lagarde said on Monday, adding that high energy prices, the biggest driver of inflation, were likely to eat into household purchasing power.Oil prices settled lower on Monday on faint signs of progress in nuclear talks between the United States and Iran, which could lead to the removal of U.S. sanctions on Iranian oil sales.The coming days will be crucial in the Ukraine standoff, French President Emmanuel Macron said after a meeting with Russia's Vladimir Putin, who suggested some progress had been made in the talks.Silver rose 0.1% to $23.01 per ounce, platinum was steady at $1,020.06, and palladium rose 0.2% to $2,266.79.","news_type":1},"isVote":1,"tweetType":1,"viewCount":448,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9096951918,"gmtCreate":1644285780455,"gmtModify":1676533908555,"author":{"id":"3582507108142468","authorId":"3582507108142468","name":"MT15NKCB","avatar":"https://static.tigerbbs.com/9bd5cd2ba429cd3fb8d67905846e4db0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Gold to hit US$2000 this year?","listText":"Gold to hit US$2000 this year?","text":"Gold to hit US$2000 this year?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9096951918","repostId":"2209248305","repostType":4,"isVote":1,"tweetType":1,"viewCount":448,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
