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Last week, the gold market experienced fluctuations as investors reacted to changes in economic policy, particularly the Federal Reserve's stance on interest rates. Amid concerns about inflation and potential rate hikes, gold prices initially rose as a safe-haven asset. In contrast, the S&P 500 and NASDAQ saw increased volatility, with tech stocks facing pressure due to rising bond yields. Market participants were closely monitoring economic indicators and comments from policymakers, which led to a mixed performance in equities. Overall, the interplay between economic policy announcements and investor sentiment created a dynamic trading environment across these markets.
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