Wash speaks to gold's return above $4,050 mark, World Gold Council looks at $4,000 level as a "lifeline" for the second half of the year.
Zhtng Cijng APP hu x, zi Milinfdng zhx KiwnWshn de jinghu xurule shchng du Milinf jnnin knng jiy y yngdu tngzhng de cic hu, hungjn ynx fn bng zush. Zhus, hungjn xinshui ydu shngshng 0.9%, jizh fgo zhng 0.5% zh 4050.9 miyun/ngj; cqin yg jioyr shuzhng 0.6%, jish linx ling r xidi.
According to the Wisdom Financial APP, after the speech of Federal Reserve Chairman Kevin Wash weakened the market's speculation that the Fed may raise interest rates this year to combat inflation, gold continued its rebound trend. On Thursday, spot gold rose by 0.9% at one point, closing at 4050.9 US dollars per ounce at the time of publication, up 0.5%; the previous trading day it rose by 0.6%, ending two consecutive days of declines.
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