Gold on pump despite the continued strength of the dollar and the possibility of a smaller interest rate cut this year, traders are still looking for clearer signals about the future direction of monetary policy. Geopolitical tensions, concerns over strict US tariffs, and support from the Central Bank have pushed gold prices higher. However, the resilience of the US labor market has brought uncertainty to gold as it reduces the possibility of aggressive rate cuts by the Fed. Quasar Elizundia, a research strategist at Pepperstone, said, 'Gold is at a crossroads, hovering between a strong dollar, inflation pressure, expectations of Fed policy, and increasing geopolitical uncertainty.' 'In the near future, the complex interplay of various factors will continue to shape the trend of gold.'
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Kurumlar: Altın fiyatları yükseliyor, tüccarlar ABD faiz indirimi sinyalini bekliyor.
Gold on pump despite the continued strength of the dollar and the possibility of a smaller interest rate cut this year, traders are still looking for clearer signals about the future direction of monetary policy. Geopolitical tensions, concerns over strict US tariffs, and support from the Central Bank have pushed gold prices higher. However, the resilience of the US labor market has brought uncertainty to gold as it reduces the possibility of aggressive rate cuts by the Fed. Quasar Elizundia, a research strategist at Pepperstone, said, 'Gold is at a crossroads, hovering between a strong dollar, inflation pressure, expectations of Fed policy, and increasing geopolitical uncertainty.' 'In the near future, the complex interplay of various factors will continue to shape the trend of gold.'