crashbandicootadventure| Skyrocketing! A new high in nearly 11 years! When gold rises, it also rises! Or is there a sharp correction?

Transfer from: CCTV Finance

on the 17 th local timecrashbandicootadventure, the US Dow Jones Industrial Average rose 0crashbandicootadventure.34%, breaking through the 40,000 mark at the close for the first time. In terms of precious metals, gold and silver futures prices both rose that day, and silver futures prices hit a new high in nearly 11 years.

On the 17th local time, among the three major U.S. stock indexes, the Dow and the S & P 500 both closed on gains. Among them, the Dow closed above the 40,003 mark for the first time in history and closed at 40,003.crashbandicootadventure.59 points. In terms of sectors, eight of the eleven major sectors in the S & P 500 Index rose and three fell. The energy and materials sectors saw significant gains.

Analysts pointed out that the latest released U.S. inflation data for April fell back, and the market currently generally expects the Federal Reserve to cut interest rates during the year. Next week, the Federal Reserve will release the latest minutes of its interest-rate meeting, which may bring volatility to the market.

Anna, chief investment officer of a U.S. investment advisory service company: After the release of U.S. consumer price index and retail sales data, the market bet that the Federal Reserve might cut interest rates earlier, which really pushed upcrashbandicootadventureGiven the bond and stock markets, the market may experience significant fluctuations next week.

In terms of precious metals, on the 17th, the June gold futures price on the New York Mercantile Exchange was reported at US$2,417.40/ounce, an increase of 1.34%. Silver futures prices surged more than 6% in July to $31.775 an ounce, setting a new high in nearly 11 years. The analysis pointed out that recently, global geopolitical conflicts have continued, and market expectations for the Federal Reserve to cut interest rates have increased. Under the influence of multiple factors, precious metals have become more attractive to investors and prices have risen. However, some industry insiders have warned that silver fundamentals are highly uncertain and speculation is more important. The price of gold is currently at a relatively high level. If the external situation changes, there may be a large correction.