Live Updates > Live Update Details
2026-04-09 14:43:40
[Ceasefire turmoil and Fed minutes weigh on gold in the short term, but support exists below] 1. Israel launched a large-scale airstrike on Lebanon, and the White House confirmed that Lebanon was not included in the US-Iran ceasefire agreement. Iran threatened to withdraw from the ceasefire and close the Strait of Hormuz again if Israeli attacks on Lebanon continued, suppressing market optimism, supporting the dollar, and putting pressure on gold prices. 2. The Fed's March meeting minutes showed that officials remained vigilant about upside risks to inflation and were in no hurry to cut interest rates, maintaining an overall stance of keeping interest rates high for a longer period. However, the minutes still projected one rate cut before the end of the year and another in 2027, limiting the dollar's rebound and providing some support for gold. 3. Traders are awaiting tonight's US PCE data and Friday's CPI report for more policy clues. With mixed fundamental factors, the short-term direction of gold prices remains unclear, and investors should remain cautious.
