币界网报道:According to the news from the Coin World Network, on July 4 (UTC+8), despite the decline in gold prices on Thursday, it is still expected to rise this week as investors consider the reduced possibility of the Federal Reserve to cut interest rates and lingering concerns about the outlook for global trade. Gold prices traded around $3,330 per ounce this week, up about 1.7%. The previous trading day closed down 0.9% as US employment data unexpectedly rose while the unemployment rate was lower than expected. The dollar rose along with US Treasury yields, putting pressure on gold prices as traders withdrew from their already insignificant bets on a rate cut at the Federal Reserve's July meeting. So far this year, Federal Reserve policymakers have kept key interest rates unchanged, citing the possibility that Trump's tariff policy could exacerbate inflationary pressures. Officials also pointed out that the overall stable job market supports their view that they do not need to rush to cut interest rates.