Everbright Futures: Gold prices continue to fluctuate, focusing on this week's US PMI data.
On January 1, the domestic and foreign Gold Futures markets are closed. The gold market in 2024 performed impressively, with a cumulative increase of over 26% for the year, marking the largest annual increase since 2010. However, the performance of overseas financial and Forex markets was subdued before New Year's Day, with the dollar fluctuating at a high level, and gold prices moving within a narrow range without further significant gains. With the Federal Reserve's last interest rate cut of the year concluded, rising inflation expectations, and uncertainties surrounding the policies following Trump's inauguration, it is highly likely that the Federal Reserve will slow down the pace of interest rate cuts in the first half of next year, making it difficult for gold prices to receive significant upward momentum. Therefore, the market's focus moving forward is on what happens once Trump officially takes office.
With 81% Institutional Ownership, The GEO Group, Inc. (NYSE:GEO) Is a Favorite Amongst the Big Guns
Executive Reshuffles: BA, EXPE, TPVG and GEO
10 Industrials Stocks Whale Activity In Today's Session
Why Did Geo Group Inc. (GEO) Jump Yesterday?
Express News | Geo Group Shares Hit Session High, Last up 6.1% at $27.98
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined"){kind=small}
QMengColdJoke : A lot of riches need this stock. This company needs to provide VIP services for shareholders![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
mdbernstein : Once reality sets in this will be $18 or lower. This is a media induced ride that will NEVER warrant this valuation. Might take awhile but this plunge like a meteor from the sky.