Gold's an 'All-Weather Hedge Against Whatever Happens Next' as Fed Decision Nears

MarketWatchSep 14 02:38 ET

The price of gold has skyrocketed, and everyone is not buying gold? The purchasing power of gold has dropped to its lowest level in 2013. Consumers can choose to invest in "Gold+" products.

① If the gold price continues to rise, the next key levels will be 2575 and 2600; ② In 2024, the gold price will rise and consumer's purchasing power for gold will reach its lowest point since 2013; ③ Investors can choose to allocate gold by purchasing products of the "Gold+" type, following asset allocation advice provided by professional investment institutions.

cls.cnSep 14 05:13 ET

On the eve of the September interest rate meeting, a report ignited expectations of a 50 basis point interest rate cut, causing stocks, gold, and bitcoin to all rise.

"New Federal Reserve Communications Agency" article stated that Federal Reserve officials are considering whether to cut 25 or 50 basis points. Futures linked to the Federal Reserve's policy rate indicate that traders on Friday expect the probability of a 50 basis point rate cut by the Federal Reserve to rise to 47%, with a close to 50/50 chance, while the probability estimated on Thursday was only 28%.

wallstreetcnSep 13 22:59 ET

Gold Futures To Trade In Consolidation Mode Next Week

BernamaSep 13 22:07 ET

Comprehensive hedging tools! No matter how the Fed cuts interest rates, gold can hedge everything.

With the growing concern about the recession of the USA economy, the attraction of gold as a safe haven asset is increasing.

Zhitong FinanceSep 13 19:00 ET

Gold Prices Just Hit Another All-time High. Is $3000 the Next Stop?

FXStreetSep 13 14:05 ET