We're Getting Whiffs of Stagflation, Sosnick Says

Steve Sosnick, Interactive Brokers chief strategist, says the push-pull between stocks and bonds is getting a little nerve racking. He says the bond market is starting to get a little stressed. He is on "Bloomberg Markets: The Close."

Bloomberg04:16 ET

Gold market analysis: US data was mixed on Thursday, with a slight rise in gold prices and continued to stabilize

Wang Gang of the Guangdong branch of the Bank of China said that after the US released mixed economic data on Thursday, the general decline in the US dollar gave gold a certain boost and remained stable. Although gold rose on the same day, the increase was slight, indicating that investors are still afraid of the March PCE price index to be announced on Friday. It is expected that Friday's response to the strength or weakness of inflation data will cause large fluctuations in the gold market.

FX678 FinanceApr 25 23:45 ET

Gold trading reminder: Poor US GDP is dragging down the US dollar, and gold prices stick to key support to meet US PCE data

The US GDP growth rate for the first quarter, which was released on Thursday, fell short of market expectations, dragging down the US dollar index to a low level of nearly two weeks, helping the price of gold stay above the key support in the middle of the Bollinger Line. Although US Treasury yields rose after economic data showed signs of stubborn inflation, it dampened hopes that the Federal Reserve would cut interest rates soon.

FX678 FinanceApr 25 19:58 ET

Spot gold prices climbed as the US dollar weakened before GDP data was released

Spot gold is trending downward in the short term, but gold is still well supported by medium- to long-term trends.

FX678 FinanceApr 25 08:00 ET

Gold market analysis: I hope the end of the week data will give clues, sort out the price of gold in a narrow range and wait for the results

Wang Gang of the Guangdong branch of the Bank of China said that the price of gold stabilized on Wednesday, and spot gold closed slightly below the closing price of Tuesday at $2311.69 per ounce. The risk premium caused by the Middle East tension has eased, and investors are closely watching the US economic data to be released later this week. These data may provide clues about the Federal Reserve's monetary policy path. After a sharp decline in the previous few trading days, gold entered a narrow range and waited for data results.

FX678 FinanceApr 25 01:13 ET

Large fund managers are entering the market! Enthusiasm for gold investment is high! Why are fund managers all optimistic?

“Increasing precious metal holdings” has become the consensus of the largest fund managers. Citi's analysis of large fund managers found that 83% of fund managers now go long on precious metals. Meanwhile, gold was the only commodity fund allocators added to their portfolios last month.

FX678 FinanceApr 24 04:30 ET