finnor3antireverse| Skyrocketing! A new high in nearly 11 years! When gold rises, it also rises!

The Dow Jones Industrial Average rose 0.0% on the 17th local timefinnor3antireverse.34%, closing above the 40,000 mark for the first time. Gold and silver futures prices rose on the same day, and silver hit a nearly 11-year high. At the same time, among the three major U.S. stock indexes, the Dow and the S & P 500 both closed in gains, with the Dow closing above 40,000 points for the first time in history. Analysts believe that the U.S. inflation data fell in April, and the market generally expects the Federal Reserve to cut interest rates within the year. The minutes of the interest-rate meeting released next week may trigger market fluctuations.

Anna's chief investment officer pointed out that after the release of consumer price index and retail sales data, the market was betting that the Federal Reserve might cut interest rates early, pushing up the bond and stock market, and the market may experience large fluctuations. In terms of precious metals, the June gold futures price on the New York Mercantile Exchange rose 1.5%.finnor3antireverse.34%, and the silver futures price rose more than 6% in July, setting an 11-year high. Global geopolitical conflicts continue and the Federal Reserve's expectation of interest rate cuts is heating up. Under the influence of multiple factors, precious metals have become more attractive to investors and prices have risen. However, some industry insiders have warned that silver fundamentals are uncertain and need to be cautious in hype. The price of gold is currently at a relatively high level, and changes in the external situation may lead to a large correction.

Sector name Precious metals Keywords Federal Reserve, precious metals, bond market topics 丨 skyrocketingfinnor3antireverse! Set a new high in nearly 11 yearsfinnor3antireverse! When gold rises, it also rises! Or is there a sharp correction? Risk warning for Hexun's self-selected stock writers: The above content is only the author's or guest's opinion, does not represent any position of Hexun, and does not constitute any investment advice related to Hexun. Before making any investment decision, investors should consider the risk factors related to investment products based on their own circumstances and consult professional investment advisers when necessary. Hexun strives but cannot confirm the authenticity, accuracy and originality of the above content, and Hexun makes no guarantee or commitment in this regard.