Gold Retreats From High Ahead Of Fed Meeting
Date
1/27/2025 11:24:50 PM
(MENAFN- Investor Ideas) Investorideas ( ), a go-to platform for big investing ideas releases market commentary from Inki Cho financial Markets Strategist Consultant to Exness.
Gold's prices retreated after hitting a high as caution increases before the federal Reserve's interest rate decision. While the Federal Reserve is anticipated to maintain its interest rates unchanged this week, the market could remain exposed to Jerome Powell's speech where a hawkish tone could weigh on the market. Consensus currently points to one potential rate cut this year likely to happen in June. Additionally, market participants are closely monitoring how the Fed will respond to President Trump's calls for interest rate reductions. In a parallel development, the European Central Bank is expected to implement a 25 basis point rate cut on Thursday, potentially providing some support for gold prices.
At the same time, support from geopolitical risks could decline as tensions decrease while inflationary risks from US trade policy have moderated to a certain extent, as President Trump has softened his stance on Chinese tariffs. However, tariff threats toward other countries could continue to constitute risks and the uncertainty could support the demand for gold to a certain extent. In addition, central bank gold demand could continue to support its outlook and could help limit downside risks.
About Investorideas - Big Investing Ideas
Investorideas is the go-to platform for big investing ideas. From breaking stock news to top-rated investing podcasts, we cover it all. Our original branded content includes podcasts such as Exploring Mining, Cleantech, Crypto Corner, Cannabis News, and the AI Eye. We also create free investor stock directories for sectors including mining, crypto, renewable energy, gaming, biotech, tech, sports and more. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors.
Disclaimer/Disclosure: disclaimer and disclosure info
Global investors must adhere to regulations of each country.
MENAFN27012025000142011025ID1109135532
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.