Gold prices may rise for the seventh week as the US government shutdown exacerbates market uncertainty
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最新报道：According to Bijie.com, gold prices are on track for their seventh consecutive week of gains after hitting a new record on Thursday, as the US government shutdown has added further uncertainty to the macroeconomic outlook. "Gold prices briefly hit a record high earlier this week before retreating on profit-taking, though the sharp rally has left the metal technically overbought," said Soojin Kim, an analyst at MUFG. The government shutdown may have delayed the release of key job market and inflation data, complicating the Federal Reserve's monetary policy decisions. However, the market continues to price in two more interest rate cuts this year, further boosting gold's appeal as a non-yielding asset.
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