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Strategist: Any Dovish Signal from the Fed Could Provide Further Support for Gold

Strategist: Any Dovish Signal from the Fed Could Provide Further Support for Gold

金色财经2025/05/06 03:55

According to a report by Jinse Finance, IG market strategist Yeap Jun Rong stated: "Gold prices started the week with a strong rise as investors returned to safe-haven assets to hedge against portfolio volatility triggered by renewed tariff concerns from U.S. President Donald Trump. Any dovish signals from the Federal Reserve could provide further support for gold, strengthening its overall upward momentum."

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