🔴 Sharp volatility in gold prices after the Fed decision.. and the market is not stable on a direction!
🏦 What happened in the Fed meeting?
The US Federal Reserve decided to keep interest rates unchanged at 3.75% – 4.00%, as markets had expected.
But what was notable in the decision is that two members objected to holding rates steady and called for a 25 basis point hike, signaling that a hawkish stance is still present within the committee.
🥇 So why is gold moving like this?
Because markets are not only following the interest rate decision; they are trying to absorb the Fed’s message about inflation and the future of interest rates, and its impact on the dollar and bond yields.
And most importantly, the first move after major decisions does not necessarily determine the market’s final direction!
📊 During the broadcast we will follow:
🔸 The sharp volatility in gold prices and the reasons for the rapid moves.
🔸 The global ounce’s reaction to the Fed decision.
🔸 The impact of the Fed’s statements on the dollar and bond yields.
🔸 Will the market move toward stability or will volatility continue?
🔸 The movement of 21, 24, and 18 karat in Egypt moment by moment.
🔸 The impact of the dollar in Egyptian banks on local prices.
🔸 The difference between the fair price and the goldsmiths’ price.
⚠️ Important: During times of severe volatility, prices may change within seconds. That’s why it is important to follow the actual price at the time of making the buy or sell decision, without rushing.
#GOLD_UPDATE $BNB