The Fed cuts interest rates, with the gold price rising, how much further can the market go?
With the Fed's interest rate cut in place, international gold prices quickly fell back after reaching a historic high in the short term. Institutions generally believe that as the market gradually digests the reaction to the rate cut, the price of gold may enter a period of volatility in the short term. However, in the long term, influenced by the Fed's interest rate cuts and the gold buying behavior of central banks around the world, gold prices still have room for growth.
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