The big impact from the Fed may be raising interest rates, incre
On the world market, the price of gold traded on Kitco on September 18 (at 9 p.m., Vietnam time) was at 1,923 USD/ounce.
The monetary policy decision of the US Federal Reserve (Fed) on September 20 (US time) is the focus of attention of gold investors.
According to professional forecasts, it is likely that the Fed will not raise interest rates but will still maintain the current high level. Many professional gold price forecasts will tend to increase gradually in the near future.
In addition to the Fed's monetary policy, gold investors are also monitoring the monetary policy decisions of the Bank of England, Bank of Japan and Swiss National Bank.
Edward Moya, an expert at OANDA, said central banks globally have issued a common message about the end of the interest rate hike cycle. That is the final factor that affects the price of gold.
The monetary policy decision of the US Federal Reserve (Fed) on September 20 (US time) is the focus of attention of gold investors.
According to professional forecasts, it is likely that the Fed will not raise interest rates but will still maintain the current high level. Many professional gold price forecasts will tend to increase gradually in the near future.
In addition to the Fed's monetary policy, gold investors are also monitoring the monetary policy decisions of the Bank of England, Bank of Japan and Swiss National Bank.
Edward Moya, an expert at OANDA, said central banks globally have issued a common message about the end of the interest rate hike cycle. That is the final factor that affects the price of gold.
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