According to Jinshi, boosted by weak US economic data and dovish comments from Federal Reserve officials, spot gold's short-term gains expanded to over $60 after opening on Monday, setting a record high. Eamonn Sheridan, an analyst at the financial website Forexlive, said this was because the market's prospects for future Fed rate cuts were stimulating investors to buy gold in large quantities. Investors are currently betting that the Fed will cut interest rates early next year.

#美联储