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š Gold prices decline slightly as investors await more evidence of the Fed's interest rate outlook in 2025.
#CryptoAMA
#GOLD_UPDATE
#newsdaily
#tradesafely
#FACT
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š [Quick Facts]: 1. The Trump administration proposes lifting restrictions on AI chips under Biden. 2. The European Union: New countermeasures against the United States will be announced on the 8th of this month if tariff talks fail to yield results. 3. The United States prioritizes long-term peace in Ukraine over a short-term ceasefire. 4. Brazil's central bank raised interest rates by 50 basis points to their highest level in nearly 20 years, leaving the door open to any further action. 5. India offers zero-to-zero tariffs on select goods in India-US tariff talks. 6. The Federal Reserve keeps interest rates steady. #CryptoAMA #BTCtrade #TradeStories #StripeStablecoinAccounts #BTCBreaks99K
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ā The US Federal Reserve is dissatisfied with the price of gold. ššŗšø ā ļø Therefore, Powell may hint today at gold, expressing dissatisfaction with its price and considering it irrational. This will be a storm for gold. ā In 2011, the then-Fed Chairman did this when gold rose to 1930 and declared the price to be exaggerated and irrational. At that point, a free fall of about $100 occurred. ā¬ ļø This may or may not happen today, but it's important to highlight it. #CryptoAMA #newsdaily #InformedInvesting #market_tips #Market_Update
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ā Oil jumps more than 2%, fueled by a rebound in buying driven by the previous session's price drop due to the OPEC+ group's decision to accelerate production increases, despite ongoing concerns about oversupply. #CryptoAMA #USStablecoinBill #StrategicBTCReserve #MarketPullback #SaylorBTCPurchase
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ā Gold rose more than 1% to a two-week high, supported by increased demand for safe havens, amid growing concerns about Donald Trump's plans to impose new tariffs, and anticipation of the Federal Reserve's interest rate decision. #CryptoAMA #FOMCMeeting #USHouseMarketStructureDraft #BitcoinReserveDeadline #BinanceLaunchpoolSXT
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šµ Here are the most important developments: ā¢ Geopolitical tensions in the Middle East are pushing gold higher, especially after the major Israeli attack yesterday on the port of Hodeidah in Yemen and the Yemenis' vow to respond. ā¢ Oil jumped more than 2% due to these tensions. ā¢ In a press statement, Trump said he would not dismiss Jerome Powell from his position despite his opposition to his policy, which is calming the market somewhat. ā¬ ļø News of the trade war remains the most influential factor in the market currently. #CryptoAMA #newsdaily #InformedInvesting #market_tips #Market_Update
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