News: 2024.03.16
The release of a slew of economic data this week has led to lower investor expectations for U.S. interest rate cuts, further adding to the pressure on precious metals. Gold prices held steady on Friday, recording their first decline in four weeks.
As U.S. economic data declined, investors' expectations for inflation also declined. This puts gold prices under greater pressure and market sentiment gradually turns colder.
Central banks play a key role in this super-week market. Investors are full of expectations for the central bank's policy measures, but there is also a certain degree of uncertainty.
In the face of the steady decline in gold prices, investors should remain calm, analyze market conditions rationally, avoid blindly following trends, and control risks.
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