July 10th news, the "Federal Reserve mouthpiece" said that the Federal Reserve is internally divided into three camps, which has a significant impact on gold. If the camp that favors interest rate cuts within the year prevails, the dollar may depreciate, and the attractiveness of gold will greatly increase, and the price is likely to rise. This is because interest rate cuts mean that the opportunity cost of holding gold is reduced, and investors will be more inclined to invest in gold. If the camp that advocates keeping interest rates unchanged throughout the year dominates, the gold market may maintain the status quo, and the volatility will not be too great. If the camp that advocates immediate action at the next meeting succeeds, the market will have a big reaction, and the price of gold may fluctuate sharply. In a complex economic environment, the price of gold is significantly affected by the Federal Reserve's decisions, and investors must pay close attention.
