The Federal Reserve's interest rate hikes weakened or favored gold prices

On the basis of a slight decline in inflation data, although the Fed will continue to raise interest rates as the continuation of high inflation policies, it is expected that the interest rate hike will fall to 50 basis points or even 25 basis points in September. Gold price.

1

Inflation data falls to support the price of precious metals

The US inflation data in July Consumer Price Index (CPI) data increased by 8.5%year -on -year, lower than expected and the previous value of 9.1%.

The fall of inflation will affect the interest rate hike of the Federal Reserve. The decline in the US dollar index has eased the suppression of gold prices.

On the other hand, entering the inflation cycle, the gold preservation function played a role, and the price rose.

2

American economic stagflation stage support gold price

At the current stage, although the number of non -agricultural employment in the United States continues to rise and the unemployment rate has dropped to 3.5%, the data of GDP (GDP) and the Purchasing Manager Index (PMI) has declined. However, the economic growth rate has a decline in the stagflation stage. The high inflation rate means that the price of gold will also be at a high level, and the decline in economic growth will lead to the decline in the US dollar index, which will also support the price of gold.

3

Falling rate of interest rate hikes help gold price

75 basis points raised interest rates at the U.S. interest rate interest rates in July were expected. The author predicts that the Fed will still continue to raise interest rates as the continuation of high inflation policies and keep the eagle speech, but the pre -rate of interest rate hikes may fall to 50 basis points or even 25 basis points in September. The expectations of the US dollar index rising are favorable for gold prices.

(The above content does not constitute an investment suggestion or operating guide, entered the market according to this, and the risk is on its own)

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