Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Commerzbank: Gold prices could rise further after better-than-expected U.S. job market data

Commerzbank: Gold prices could rise further after better-than-expected U.S. job market data

2024/04/10 06:57

Gold prices fell slightly after the release of better-than-expected U.S. job market data last week, but soon recovered as investors may view it as a buy, analysts at Commerzbank wrote in a report. Chance. The divergence between gold prices and interest rate cut expectations has widened, likely driven by investor expectations for further gains in gold prices. Buying the asset to lock in gains becomes a rational decision. The report said rational bubbles are more likely in the gold market because fundamentals are harder to assess, although U.S. interest rates remain a key driver.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!