Gold: Still Uncertain In the Future!
Hello everyone! Today i want to share some macro analysis with you!
$Gold - main 2412(GCmain)$ Thursday (September 5) the beginning of the Asian market, spot gold narrowly oscillated, currently trading at 2495.45 near. Gold prices bottomed out on Wednesday, the plate once hit a nearly two-week low of 2471.77, closed at 2495.45, helped by the dollar and U.S. Treasury yields fell, after the U.S. job vacancies decreased, raising expectations that the Federal Reserve in September to cut interest rates by 50 basis points.
U.S. job openings fall to fewest in three-and-a-half years, but not enough to make Fed cut rates sharply, it fears
The number of U.S. job openings fell to Sitits lowest level in three-and-a-half years in July, suggesting that the labour market is losing momentum, but the drop may not be enough to push the Federal Reserve to consider a sharp rate cut this month.
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