Trump's policies raise new inflation concerns, with a 35% chance that the Federal Reserve will not cut interest rates at the December meeting

ChainCatcher news, boosted by the decline in U.S. Treasury yields, gold futures prices have risen. This precious metal has partially rebounded from a significant sell-off following the U.S. presidential election, increasing 3.9% from last Thursday's low.

SP Angel analysts noted in a report that gold, silver, platinum, and palladium all saw gains during Monday's trading session, likely reflecting a weakening in dollar trading. Market focus is now shifting to the Federal Reserve's upcoming meeting in December. Given that President-elect Trump's protectionist policies have raised new inflation concerns, the market expects a 35% chance that there will be no interest rate cut at this meeting. SP Angel stated that the Federal Reserve's decision to maintain interest rates is a negative factor for gold, as higher rates typically diminish the appeal of non-yielding gold. (Jin Shi)