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Institutions: Cooling rate cut expectations and anticipation of an end to the Middle East conflict may limit the upside potential for gold prices

Institutions: Cooling rate cut expectations and anticipation of an end to the Middle East conflict may limit the upside potential for gold prices

金十金十2026/04/06 09:47
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Golden Ten Data reported on April 6 that Daniel Takieddine, CEO of Sky Links Capital, stated that as market expectations for a Federal Reserve rate cut weaken, the upside potential for gold may be limited. Strong U.S. labor data supports U.S. Treasury yields, putting pressure on gold. Ongoing diplomatic efforts have bolstered expectations that the Middle East conflict may be resolved, which has further increased uncertainty regarding gold's outlook. However, geopolitical risks outside the Middle East and continued gold purchases by central banks are still providing support for gold prices. He pointed out that the short-term trend of gold will depend on upcoming U.S. economic data, Federal Reserve policy signals, and developments in the geopolitical situation.
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