The scholarship retains its breath before the Fed's decision. Upstream, the golden price straightened this on Monday. He saved 0.8 % to $ 3,264 per ounce. After a weekly decrease of 2.4 %, investors reposition themselves on the refuge values. The details below!
In short
- The gold is going upwards while the scholarship remains uncertain before the Fed's decision.
- Geopolitical and monetary tensions strengthen the attraction of refuge values on the financial markets.
The scholarship navigates between Fed, Trump and geopolitical tensions
In the financial markets and the scholarship, all eyes are turned to American monetary policy. The Fed should maintain its interest rate unchanged this weekdespite the repeated pressures of President Trump. According to him:
The surprisingly good employment figures last week did not justify a drop in rates.
However, the analysts wonder: the growing economic uncertainty (fueled by trade tensions between the United States and China) justifies a Gold repositioning ? Trump announced that he would not be with his Chinese counterpart this week. At the same time, his speech suggests that a drop in customs duties could occur. An ad that strengthened the Volatility of stock market indices !
Will the Pressure Stock Exchange: Will gold become the active king of investors?
Since the start of the year, gold has won almost 25 %. Its value has even reached A summit of $ 3,500 per ounce in April. This Haussier movement is explained by:
- A sustained request (especially in China);
- Massive purchases of central banks.
For many investors, this asset remains a refuge value in a world losing bearings.
With declining liquidity and low yield on traditional assets, analysts thus anticipate A possible massive return to gold (Especially if the situation is not clearing).
If the scholarship continues to undergo the upheavals of diplomacy and the hesitations of the Fed, gold could still shine.
In a world dominated by political shocks and the fear of an overall slowdown, the scholarship remains under tension and at the mercy of each declaration. What if, beyond the rates, it was the confidence of investors that became the real market engine in this new world economic cycle? To meditate!
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