Gold closes: Focus on the situation in the Middle East and the Federal Reserve’s future monetary policy, gold closed slightly higher – Mobile Financial World

2023-10-25 21:51:01

Gold closes: Focusing on the situation in the Middle East and the future monetary policy of the Federal Reserve, gold closed slightly higher

Financial World 2023-10-26 05:51:01

In the early morning of the 26th, Beijing time, New York gold futures prices closed higher on Wednesday. The conflict in the Middle East continues, which supports gold prices.

Gold market investors are also paying attention to important U.S. economic data to judge the Federal Reserve’s future policy path.

On Wednesday, the price of December gold futures, the most actively traded gold futures market on the New York Mercantile Exchange, rose $8.8 from the previous trading day to close at $1,994.9 per ounce, an increase of 0.44%.

Gold futures market analyst Bob Haberkorn said that in the short term, concerns regarding the geopolitical situation will not diminish, which will continue to support gold prices.

The Israeli military last night stepped up its bombardment of southern Gaza, despite calls from the international community to temporarily step back.

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