Gold ETF Fund (159937) turnover exceeds 100 million, Goldman Sachs: Golden in the late period is expected to go up

In the afternoon, COMEX gold rose slightly by 0.05%to $ 1764.8/ounce.As of press time, the Gold ETF Fund (159937) fell slightly by 0.07%, with a turnover of over 100 million.

On the news, the Federal Reserve Hak said that it needs to quickly reach a neutral interest rate of 2.5%, and the interest rate should exceed 3%before the end of the year. 75 basis points in interest rate hikes help reach the neutral interest rate.75 basis points are still 50 basis points. If the demand goes faster than I expected, the 50 basis points in interest rate hikes may be good news in July.

Gao Sheng said that from a historical point of view, in the Fed's interest rate hike cycle, U.S. stocks usually have to relax the monetary policy in the Federal Reserve to bottom out to the bottom. It may be just the beginning of the selling of US stocks.The rapid decline in the US economy, the continuous continuous interest rate hikes of the Federal Reserve are questionable.The expectation of interest rate hikes will rebound again, and gold may decline, but with the slowdown in the second half of the year, the gold is expected to go further.

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