bestbaccaratpredict| Everbright Futures 0522 hotspot tracking: Shanghai gold closed down slightly, paying attention to changes in the minutes of the Federal Reserve's monetary policy meeting

Wednesdaybestbaccaratpredict, Shanghai gold's main contract 2408 fell 0bestbaccaratpredict.36%bestbaccaratpredict, closed slightly to 573bestbaccaratpredict.32。

The price of gold strengthened last week due to the fall in inflation data. There were less important economic data this week, and the drivers of gold price were limited. The market was more concerned about the disturbance of Federal Reserve officials 'statements on expectations of interest rate cuts. Recently, many Federal Reserve officials have successively issued biased statements. For example, the FOMC voting committee once said that the U.S. neutral interest rate may climb to a nearly ten-year high. Affected by hawkish remarks, market sentiment suffered a slight setback, and the trend of gold prices fluctuated and weakened.

Against the backdrop of a lack of trading factors, the market may pay special attention to the minutes of the monetary policy meeting that will be released overnight. Although in terms of timeliness, the latest interest rate decision has long been implemented, the market may hope to see the Fed's future policy tendencies from the changes in the minutes 'statement. If the minutes of the meeting show signs that the margins of monetary policy may loosen in the future, the price of gold may be boosted again, focusing on the spillover impact of the Iranian president's plane crash.

Source: Wind, Everbright Futures Research Institute

Written by: Shi Yueming

Qualification: F03097365

Investment consulting qualification: Z0017563

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