This week, the global financial markets will welcome the focus event of the 'Super Central Bank Week.' At 3 a.m. Beijing time on December 11, the Federal Reserve will announce its December interest rate decision, followed by a press conference by Fed Chairman Jerome Powell at 3:30 a.m. Currently, market expectations are strong, with the CME FedWatch Tool indicating that the probability of a 25 basis point rate cut has exceeded 86%.
Driven by the expectation of a rate cut, the precious metals market performed actively in the morning session today. On Monday, December 8, the spot gold continued its upward trend, testing the $4200/oz mark again; spot silver also rose in tandem, up 0.23% as of the time of writing, reported at $58.423/oz. The market is closely watching the Fed's decision results to determine the subsequent monetary policy path and the trend of precious metals. #比特币VS代币化黄金