Call 800 665 0411 to learn about our services for your stock

Search   Follow Investorideas on Twitter   Investorideas is on Facebook   Investorideas is on Youtube   Investorideas is on Pinterest  Investorideas is on stocktwits   Investorideas is on tumblr   Investorideas is on LinkedIn   Investorideas Instagram   Investorideas Telegram   Investorideas Gettr   Investorideas RSS

Share on StockTwits

Gold Resilient Amid Geopolitical Tensions and Monetary Policy Expectations Shifts

Markets analysis on behalf of Joseph Dahrieh, Managing Principal at Tickmill


April 17, 2024 ( Newswire) Gold prices remain buoyant, hovering near record highs as traders react to geopolitical tensions and monetary policy expectations. The risks of escalation in the Middle East remain potent and could continue to support gold prices while heightened market uncertainty continues. Increased risks could continue to drive investors toward safe-haven assets including gold. Sustained central bank gold purchases could also support the asset over the longer term.

Meanwhile, Federal Reserve Chair Jerome Powell's recent remarks highlighted the US economy's robust performance but acknowledged that inflation remains stubbornly high. This suggested that the Fed's 2% inflation target could still be out of reach and that monetary policy could remain restrictive for a longer period. The latter could remain a negative factor for gold and could weigh on its performance as interest rate cut expectations decline, diminishing the appeal of non-yielding assets such as gold. Changing monetary policy expectations could fuel some downside risks in addition to the potential for technical corrections after gold’s strong gains.

More Info: Newswire

This news is published on the Newswire - a global digital news source for investors and business leaders

Disclaimer/Disclosure: is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

More disclaimer info: Learn more about publishing your news release and our other news services on the newswire

Global investors must adhere to regulations of each country. Please read privacy policy:

That's all it takes to get an article published on Investor Ideas - Learn More

Gold Mining Stocks - Gold Mining Stocks Directory, Gold Stocks News, Research and Resources

Investing ideas in gold and mining stocks

Like Gold Stocks? View our Gold / Mining Stocks Directory

Get News on Mining Stocks