Risk-off sentiment turns bearish as gold prices retreat amid cooling rate cut expectations
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Golden Ten Data reported on March 3 that New York gold prices fluctuated and declined in afternoon trading. Thu Lan Nguyen, an analyst at Commerzbank, said: "This is most likely because the market currently places greater emphasis on inflation risks triggered by the Middle East war, thereby reducing expectations for interest rate cuts. This also explains why the US dollar continues to strengthen."
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
ECARX (ECX.US) signs memorandum of cooperation with Arm to jointly develop the next-generation high-performance AI computing platform for multiple scenarios
ECARX Holdings (ECX.US), a global provider of full-stack intelligent automotive solutions, announced today the signing of a non-binding memorandum of understanding with Arm.
智通财经•2026/11/02 11:29
Embraer Holds Extraordinary Shareholder Meeting
Bitget•2026/11/02 11:05
Crypto prices
More
Bitcoin
BTC
$77,747.23
-0.15%
Ethereum
ETH
$2,282.13
+0.72%
Tether USDt
USDT
$0.9986
+0.00%
BNB
BNB
$704.32
-1.35%
XRP
XRP
$1.25
-0.41%
USDC
USDC
$0.9997
+0.00%
Solana
SOL
$93.81
-1.46%
TRON
TRX
$0.3162
+2.09%
Hyperliquid
HYPE
$85.62
-2.35%
Zcash
ZEC
$1,243.55
-0.02%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now