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BTC $70,200.22 -5.12%
ETH $2,174.07 -6.11%
BNB $645.46 -4.04%
XRP $1.42 -4.56%
SOL $81.67 -4.53%
TRX $0.2795 -0.47%
DOGE $0.0974 -3.83%
ADA $0.2735 -4.22%
BCH $457.41 -2.25%
LINK $8.64 -2.97%
HYPE $28.98 -1.81%
AAVE $122.61 -3.42%
SUI $0.9627 -6.30%
XLM $0.1605 -4.62%
ZEC $260.31 -8.86%

Strategist: Any dovish signals from the Federal Reserve could provide further support for gold

2025-05-06 11:42:03
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ChainCatcher news, according to Jinshi reports, IG market strategist Yeap Jun Rong stated: "Gold prices started to rise strongly this week as investors returned to safe-haven assets to hedge against the portfolio volatility caused by renewed tariff concerns raised by U.S. President Donald Trump. Any dovish signals from the Federal Reserve could provide further support for gold, strengthening its overall upward momentum."

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