On Tuesday, the gold market saw a significant rebound, with prices strongly breaking through the $4,000 mark, reaching a daily high of $4,019 per ounce. This upward trend was mainly driven by market expectations that the Federal Reserve may further cut interest rates and the noticeable weakness of the U.S. dollar index, prompting investors to once again turn to safe-haven asset allocations.
Market experts indicate that funds are re-entering the low position area, while the weakness of the US dollar provides important support and rebound space for gold prices.
From the perspective of the crypto
Market experts indicate that funds are re-entering the low position area, while the weakness of the US dollar provides important support and rebound space for gold prices.
From the perspective of the crypto
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