Strategist: Any moderate signal from the Fed could provide further support for gold "

Crypto 7x24

2025-05-06 12:21:13

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According to online reports, IG market strategist Yeap Jun Rong said: "Gold prices began to rise strongly this week, as investors returned to safe-haven assets to hedge against portfolio fluctuations caused by renewed tariff concerns by U.S. President Donald Trump. Any moderate signal from the Fed could provide further support for gold and strengthen its overall upward momentum."

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