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Gold Falls Sharply After Interest Rate Cut
Thursday, 19 December 2024 08:16 WIB | MARKET ANALYSIS |GOLDEMAS

Gold is in the $2594 area, This level is included in the negative level at the beginning of Thursday (12/19). This is because traders consider the outlook for interest rates after the Federal Reserve signaled caution over the path of easing next year.
The US central bank cut interest rates for the third time in a row, but controlled the number of reductions expected in 2025. Fed Chairman Jerome Powell told reporters that while the bank is "on track to continue cutting," officials must first see more progress on inflation.

Note: This article is only an analysis and is not a definitive reference. Pay attention to the development of fundamental and technical aspects in transactions be

Spurce:  Newsmaker.id

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