20 17, the Federal Reserve raised interest rates three times, and we can check the trend of gold prices. Some time before the interest rate hike, it was also the craziest time for all kinds of news. At this time, the price of gold is in a "speculative" period, and most of it has been fermented before the Federal Reserve announced its decision to raise interest rates, and the bad news has been exhausted, so the price of gold began to rebound.
Of course, the influence of gold price and US dollar index is important, but not all. More importantly, the overall economic level of the United States. If the US economy improves, the non-agricultural employment population will continue to rise and the manufacturing index will rise, indicating that the US economy will continue to recover and the gold price will not rise sharply. After all, the role of gold is to preserve value, especially in times of economic depression and war.
On the other hand, if the non-agricultural employment population in the United States continues to be depressed, the unemployment rate is high, the economy is weak, and the economic consumption index is low, it means that the overall national economic development is hindered. Due to the continuous decline in the economic level of the United States, the rapid development of the global economy has been affected. After all, many countries have trade relations with the United States, and the demand for manufacturing has decreased, which directly affects the global economic growth. Therefore, at this time, gold will highlight the role of maintaining value and the price will continue to rise.
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