IA · sistemawww.brecorder.com · 1 fuenteImpacto 2mixto
Gold rebounds 2.1% as cheaper oil eases inflation worries
Gold rose 2.1% to $3,957.19 per ounce in Reuters’ Monday report after Friday’s one-year low. Softer oil eased inflation concerns, but traders still priced a 77% chance of a December U.S. rate hike, down from 80% a week earlier. The November 3 midterms are the next political focus.
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Gold rose 2.1% to $3,957.19 per ounce in Reuters’ Monday report after Friday’s one-year low. Softer oil eased inflation concerns, but traders still priced a 77% chance of a December U.S. rate hike, down from 80% a week earlier. The November 3 midterms are the next political focus.
Tesis: Peter Grant says cheaper oil reduced inflation concerns, while the market still expects a December Fed rate hike.
Otra perspectiva: Limitation: A rebound follows Friday’s selloff while expectations of a December rate hike persist.
IA · sistemaInvestingLive / ForexLive · 1 fuenteImpacto 2mixto
Gold falls below $4,000 as tech selloff spreads
Gold fell 1.2% to $3,971 in InvestingLive’s October 30 European session report, even as Treasury yields and the dollar declined. Justin Low linked the broader selloff to renewed concern over AI spending after Amazon’s earnings; Nasdaq futures were down 2.4%. He suggested margin calls and liquidation fears might also be weighing on gold. That explanation remained tentative, with Wall Street’s later trading the next test for the broader selloff.
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Gold fell 1.2% to $3,971 in InvestingLive’s October 30 European session report, even as Treasury yields and the dollar declined. Justin Low linked the broader selloff to renewed concern over AI spending after Amazon’s earnings; Nasdaq futures were down 2.4%. He suggested margin calls and liquidation fears might also be weighing on gold. That explanation remained tentative, with Wall Street’s later trading the next test for the broader selloff.
Tesis: Justin Low linked broad market selling to renewed AI spending fears.
Otra perspectiva: Limitation: Low’s suggested liquidation pressure on gold was tentative.