Gold Finance reported that Ricardo Evangelista, a senior analyst at ActivTrades, said that the market is really following the tone set by Federal Reserve Chairman Powell. The hawkish stance may push up US Treasury yields, boost the US dollar, and exert downward pressure on gold prices. On the contrary, a more cautious tone may provide some support for gold prices.
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Analist: Piyasanın odak noktası Powell'ın konuşmasının temel tonunda
Gold Finance reported that Ricardo Evangelista, a senior analyst at ActivTrades, said that the market is really following the tone set by Federal Reserve Chairman Powell. The hawkish stance may push up US Treasury yields, boost the US dollar, and exert downward pressure on gold prices. On the contrary, a more cautious tone may provide some support for gold prices.