Tonight, the global financial market's attention will be focused on the Federal Reserve's interest rate decision, which is expected to have a significant impact on the gold market. The market generally expects the Federal Reserve to announce a rate cut at this meeting, but the magnitude of the cut -25 basis points or 50 basis points - remains uncertain. This decision will not only affect the value of the US dollar, but also indirectly impact the gold market through its impact on global economic expectations.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.