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Higher than expected US inflation number weighed on Gold. Economists at ANZ Bank analyze the yellow metal’s outlook.
Gold prices came under pressure after the US inflation print came in higher than expected. This led market pricing for a June cut to decline from 93% to 77%. The FOMC has said it needs more evidence to see inflation heading towards the 2% target before it starts cutting interest rates.
Easing monetary policy will be crucial to push Gold prices higher.
風險提示：本文所述僅代表作者個人觀點，不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證，對於基於該內容所採取的任何行為，不承擔任何責任，除非另有書面明確說明。
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