Gold Holds Near Five-Month High as Investors Weigh Fed Speak

Bloomberg2021-06-03

Harker says Fed needs to start discussing tapering time lineFed’s Beige Book reports pickup in recovery, price pressuresGold steadied near the highest level in almost five months as investors weighed ...

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精彩评论

NewPower
2021-06-03
NewPower
I am bullish with the gold at the moment since I am bearish with the US dollar after massive qualitative easing last year in response to the Covid-19 and with FED projecting that the interest rate with remain close to zero until at least the year 2024. I will only change my view on gold if the FED start tapering or start increasing the interest rate. In fact gold had breached its all time high last year and since then taken a breather. However it seem like it is moving again. I am only holding gold etf and cash at the moment in anticipation of the correction. Trade cautiously and be accountable with our own trade. Cheers!
Oldie
2021-06-03
Oldie
Like n comment pls
JonathanT
2021-06-03
JonathanT
Ok
Jo16
2021-06-03
Jo16
Liked
- JonathanT:
  Ok
Bbex
2021-06-03
Bbex
Good
BBBBBBBBBB
2021-06-03
BBBBBBBBBB
Like n comment
- Ak91:
  Comment back pls
- BBBBBBBBBB:
  Sure thinG

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Officials have said they will begin scaling back buying when the economy has made “substantial further progress” toward their goals, a condition many Fed-watchers believe will be met later this year.Separately on Wednesday, the Fed released its Beige Booksurvey, which showed that the pace of the U.S. recovery picked up somewhat in the past two months, sparking price pressures as businesses contended with worker scarcity and rising costs. Meanwhile, the Fed Board plans tobegin graduallyselling a portfolio of corporate debt purchased through an emergency lending facility launched last year, as the Covid-19 pandemic was spreading panic through financial markets.Bullion is stabilizing around $1,900 an ounce amid growing demand for the haven asset, aided by signs of accelerating consumer prices and the risk of an uneven economic recovery. 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Cheers!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/118078898","repostId":1139854419,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":111712508,"gmtCreate":1622699008204,"gmtModify":1634099005435,"author":{"id":"3584415246670106","authorId":"3584415246670106","authorIdStr":"3584415246670106","name":"Oldie","avatar":"https://static.tigerbbs.com/09a7a0c9fe9b5b416d6f049746ddfa29","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3584415246670106"},"htmlText":"Like n comment pls","listText":"Like n comment pls","text":"Like n comment 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n comment&nbsp;","listText":"Like n comment&nbsp;","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/111527120","repostId":1139854419,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4557820,"gmtCreate":1622693535847,"gmtModify":1635390358251,"authorId":3573276404004652,"author":{"id":3573276404004652,"authorId":3573276404004652,"name":"Ak91","avatar":"https://static.tigerbbs.com/0578c6f4e6345562f2d636b87cc2b9fd","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":111527120,"type":1,"supId":0,"prevId":0,"content":"Comment back pls","text":"Comment back pls","html":"Comment back 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