Gold Price Today 1/10, Reversed Impressed, Regaining What Was Lost;

Gold price today immediately reversed by 40 USD, recovering from the lowest level in 6 weeks, when the Fed president said the US economy was far away from the whole labor force.02: 00/6: 15 male gold price Today reversed impressively, skyrocketing 40 USD from the bottom of 6 months, regained what was lost. (Source: Kitco) Today's gold price fluctuations today 1/10 gold price today had an impressive "reversal" screen from the bottom of 6 weeks, skyrocketing 40 USD, returned to the support level of 1,750 USD / ounce. The unexpected development of the market was thought to be because speculators "hunt for a bargain" to buy gold discounts and the USD index dropped to a low daily level after a strong increase in the previous session. Gold price increased faster than after When the President of the US Federal Reserve (Fed) Powell has a slightly peaceful direction when claiming that the US economy "is far away from achieving full labor

." We have to balance the inflation and employment . Our expectations will decrease and we will not have two stressful goals, "Fed President noted. The Fed Chairman also shared that, inflation will continue to rise until the bottlenecks Regarding supply is resolved and he cannot say exactly when it will happen There is information that the number of new unemployment benefits increases last week. This is said to be a factor President Powell gave a soft perspective, temporarily removing the hawk's tone presented in the press conference after the FOMC session this month. Get TG

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