Dalian Precious Metals Investment Dalian Precious Metals Recruitment Personal Agents

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Dalian Precious Metals Trading Center investment hotline, Manager Liu, sincerely recruits agents at all levels. Spot gold opened at US$/oz in early trading on Wednesday and then rose briefly, recording an intraday high of US$/oz before turning down and consolidating. The price of gold in the European market continued its consolidation trend, with the decline intensifying, recording an intraday low of US$/ounce and then rebounding. The price of gold in the US market still fluctuated within a narrow range, fluctuating up and down, but still mainly in a downward trend, and finally closed at US$/ounce, down.
The continued downward pressure on gold still comes from the appreciation of the U.S. dollar. In a market dominated by Trump's reflation, investors have withdrawn from safe-haven assets such as U.S. debt gold and invested in high-risk U.S. dollar assets.
The U.S. dollar index rose overnight to 0.0, rising for the eighth consecutive trading day. It once rose to 0.000, hitting its highest level since the beginning of the year. The euro fell against the dollar. The U.S. dollar is closing in on the Japanese yen.
B Analyst believes that the most important thing we see for gold is the appreciation of the US dollar. It's an old game, as the dollar rises, the price of gold weakens because gold is an alternative currency.
HSBC analysis believes that judging from the recent remarks of Federal Reserve officials, it is difficult for gold to rise due to talk of raising interest rates.
Gold is also under pressure from expectations of an interest rate hike by the Federal Reserve, which has entered the stage of raising interest rates for the second time in recent years. Federal Reserve official Bullard said on Wednesday that the Fed would need a particularly unexpected reason for not raising interest rates this month. On Monday, Dallas Fed President Kaplan said on Monday that the Fed will soon return to the path of raising interest rates.
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