After the interest rate meeting, the Reserve Bank of Australia announced to maintain the interest rate and the target of the 3-year Treasury bond yield rate unchanged at 0.1%, in line with market expectations. The central bank continues to believe that by 2024, employment and inflation will fail to meet the targets, and until real inflation is sustainable within the target range of 2% to 3%, the central bank will not raise interest rates and will maintain a highly supportive monetary policy Until it reaches the standard. However, the central bank raised its forecast for this year’s economic growth from 3.5% to 4.75%. It also pointed out that after the completion of the second round of the US$100 billion bond purchase plan in July, the future direction of bond purchases will be considered.
The price of gold has been revised back to stay above US$1770 because of the lack of risk catalysts to drive the rise. U.S. Treasury Secretary Yellen issued a theory of raising interest rates. Although he has subsequently reiterated that he did not provide any Fed-like advice, it has successfully disrupted market sentiment. The closing of markets in China, Japan and South Korea has made gold buyers hesitant. The U.S. ISM Service Industry Purchasing Managers Index (PMI) reading increased, showing that the U.S. economic recovery has strengthened and optimism supports the gold trend, but the market outlook is still the key to watching the inflation rate data. As of 08:18 Hong Kong time, the price of gold fell slightly by 0.10% to US$1777.30.
場外式黃金/白銀交易由 Max Online 提供。場外式黃金/白銀交易涉及高度風險，未必適合所有投資者。高度的槓桿可為閣下帶來負面或正面的影響。場外式黃金/白銀並非受證券及期貨事務監察委員會（「證監會」）監管，因此買賣場外式黃金/白銀將不會受到證監會所頒布的規則或規例所約束，包括（但不限於）客戶款項規則。閣下在決定買賣場外式黃金/白銀之前應審慎考慮自己的投資目標、交易經驗以及風險接受程度。可能出現的情況包括蒙受部分或全部初始投資額的損失，或在極端情況下（例如相關市場跳空）產生更多的損失。因此，閣下不應將無法承受損失的資金用於投資。投資應知悉買賣場外式黃金/白銀有關的一切風險，如有需要，請向獨立財務顧問尋求意見。