Jinshi Data, August 7th, Huatai Securities Research Report stated that due to the relatively considerable increase in the previous period, coupled with the market's full pricing of the Federal Reserve's interest rate cut in September, it is not ruled out that there may be a small pullback in the short term. However, in the recent deterioration of the situation in the Middle East, coupled with the market's opening of risk-off mode, under the drive of safe-haven sentiment, gold still has positive information. Taking into account the current time, gold may still have relative returns. If subsequent economic data continues to weaken significantly and trigger the Federal Reserve's interest rate cut beyond expectations or further intensify geopolitical conflicts, it may re-drive gold pump.
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华泰证券: Piyasanın dalgalanması artabilir, altın hala göreli getiriye sahip olabilir
Jinshi Data, August 7th, Huatai Securities Research Report stated that due to the relatively considerable increase in the previous period, coupled with the market's full pricing of the Federal Reserve's interest rate cut in September, it is not ruled out that there may be a small pullback in the short term. However, in the recent deterioration of the situation in the Middle East, coupled with the market's opening of risk-off mode, under the drive of safe-haven sentiment, gold still has positive information. Taking into account the current time, gold may still have relative returns. If subsequent economic data continues to weaken significantly and trigger the Federal Reserve's interest rate cut beyond expectations or further intensify geopolitical conflicts, it may re-drive gold pump.