Xinhua Finance Chicago, January 8 (Reporter Xu Jing) The most active market trading on the New York Mercantile Exchange is the most active price in February on the 8th of 16$3 and closed at 2,033 an ounce$5, down 08%。
The U.S. non-farm payrolls growth in December released by the U.S. Department of Labor on the 5th was higher than expected, reducing the probability that the Federal Reserve will start cutting interest rates aggressively in March and continuing to weigh on gold prices.
Market analysts believe that the market's best realization in terms of interest rate cut expectations has gone far beyond the Fed's expression. The Federal Reserve** expects interest rates to be cut three times to 4 in 20246%, and traders widely expect the Fed to cut interest rates six times in 2024, bringing the rate down to 375%。
The U.S. consumer price index was released on the 11th, and the producer price index was released on the 12th.
On the same day, the ***0 of the March delivery5 cents and closed at 23 per ounce$31, a decrease of 002%；Platinum for April delivery ***12$4 and closed at $959 an ounce$4, down 128%。
Editor: Tan Rui.
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