realbaccarat| Initial request data dropped, the U.S. dollar index rose 16 points in the short term, and why did gold jump up and down finally fall below the 2380 mark?

LatestRealbaccaratAccording to statistics, the number of jobless claims in the United States has declined recently, which may indicate the stability and growth of the job market. In the week ended May 11, the number of initial jobless claims in the United States was 22.Realbaccarat.20 million, down from the high of the previous week. Although last week's rise was partly due to a surge in applications due to school spring break in New York, this week's downward trend suggestsRealbaccaratA certain degree of stability.

In terms of monetary policy, the Fed has raised interest rates by 525 basis points since March 2022, indicating that the labor market is gradually adapting to the new economic environment. At the same time, the stability of the labour market and the downward trend of inflation have provided the conditions for the Fed to cut interest rates in September. According to CME's FedWatch tool, market participants now predict a 74 per cent chance that the Fed will cut interest rates in September.

In addition, the US import price index for April also showed some changes. The monthly growth rate is 0.9%, and the annual growth rate is 1.1%, both of which exceed market expectations. These figures not only reflect changes in import and export prices, but also hint at the underlying trend of imported inflation.

In the financial market, spot gold jumped $5 in the short term after the data was released, and then quickly fell back $6, falling 0.12% during the day, losing the $2380 mark. The dollar index rose 16:00 in the short term to 104.5190.

The volatility in gold prices is linked to the stability of US inflation, adding to expectations that the Fed may cut interest rates in September. Olle Hansen, head of commodity strategy at Saxo Bank, commented that stable inflation and weak retail sales were a positive sign for the gold market.

Us retail sales were unexpectedly flat last month, while falling consumer prices and last week's dismal data on the job market are a positive sign for Fed policymakers, who expect to see further improvement in inflation before they consider cutting interest rates.

The low interest rate environment increases the attractiveness of unyielding gold. Hansen also pointed out that although gold experienced a period of consolidation, the consolidation was relatively small compared with the sharp gains in March and April, indicating that the market is still potentially strong.

Spot silver prices also changed, falling 0.3 per cent to $29.61 an ounce, but earlier hit its highest level since February 2021. Analysts at ANZ suggested in a report that strong fundamentals in the gold market could stimulate investor interest in silver and predicted that the price of silver could exceed $31 by the end of 2024.

Palladium and platinum prices also changed, with palladium falling 0.3% to 1.Realbaccarat, $007.10, while platinum rose 0.2 per cent to $1066.30, having previously reached an one-year high. Hansen believes that forecasts of persistent supply shortages and strong car demand are driving up platinum prices.

Williams, chairman of the Federal Reserve of New York, said in a recent speech that the latest inflation figures support the view that price pressures are easing, but that he needs more evidence to support the decision to adjust interest rates. Mr Williams predicts that inflation could fall to a low level by the end of the year, reaching 2.5 per cent for the whole year and close to 2 per cent next year. He also said inflation was unlikely to reach the 2 per cent target in the short term and that the market needed more confidence.

Prices, excluding food and energy, slowed in April for the first time in six months, according to the Bureau of Labor Statistics. In addition, retail sales stagnated last month, which may indicate that high borrowing costs and rising debt are affecting consumer behavior.