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Live Updates  >  Live Update Details

2025-10-29 16:10:12

[Gold Prices Rebound Technically as Market Awaits Fed Decision] ⑴ Gold prices rose on Wednesday as bargain hunters entered the market after falling to a three-week low in the previous session. ⑵ Investors are currently awaiting the Federal Reserve's interest rate decision later today. ⑶ Data showed that spot gold reached a high of around $4,010 per ounce, with a daily gain of over 1%. ⑷ Senior market analysts pointed out that the short-term pullback in gold prices was due to trade optimism, with funds shifting towards more responsive instruments such as global equities. ⑸ In the short term, gold faces downward pressure due to position adjustments by short-term leveraged players and the breach of technical levels. ⑹ However, analysts believe that the fundamentals for gold remain bullish.

Real-Time Popular Commodities

Instrument Current Price Change

XAU

3993.43

-7.73

(-0.19%)

XAG

47.858

-0.201

(-0.42%)

CONC

60.23

-0.82

(-1.34%)

OILC

64.08

-0.73

(-1.13%)

USD

99.955

0.091

(0.09%)

EURUSD

1.1508

-0.0010

(-0.09%)

GBPUSD

1.3064

-0.0075

(-0.57%)

USDCNH

7.1260

0.0016

(0.02%)

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