Gold and silver prices have retreated from their highs as the market awaits clues about a potential Fed rate cut and the selecti
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最新报道：According to CoinWorld.com, gold prices continued to fall on Tuesday, while silver retreated from its record high reached the previous day. Swissquote external analyst Carlo Alberto de Casa stated, "We've seen some traders taking profits after gold rebounded from $4,000 to $4,250 over the past two weeks." Data released on Monday showed that US manufacturing contracted for the ninth consecutive month in November. Investors are currently focused on Wednesday's ADP employment report for November and the delayed September PCE index, looking for clues about a potential rate cut by the Federal Reserve at its meeting next week. In addition, the market is awaiting President Trump's announcement of his nominee for the new Federal Reserve Chairman, with White House National Economic Council Director Hassett reportedly emerging as the leading candidate. Hassett, like Trump, favors lower interest rates. De Casa predicts, "Gold prices will consolidate between $4,000 and $4,400 in the coming weeks." He added that a Fed rate cut could open up room for further gold price increases.
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