ChainCatcher news, boosted by the decline in U.S. Treasury yields, gold futures prices have risen. This precious metal has partially rebounded from a significant sell-off following the U.S. presidential election, increasing 3.9% from last Thursday's low.SP Angel analysts noted in a report that gold, silver, platinum, and palladium all saw gains during Monday's trading session, likely reflecting a weakening in dollar trading. Market focus is now shifting to the Federal Reserve's upcoming meeting in December. Given that President-elect Trump's protectionist policies have raised new inflation concerns, the market expects a 35% chance that there will be no interest rate cut at this meeting. SP Angel stated that the Federal Reserve's decision to maintain interest rates is a negative factor for gold, as higher rates typically diminish the appeal of non-yielding gold. (Jin Shi)

ChainCatcher news, after Republican candidate Trump won the U.S. presidential election, gold prices fell. SP Angel analysts stated that the dollar and U.S. Treasury bonds surged due to the election results, weakening the appeal of gold, reflecting market concerns about the inflation policies that a Trump administration might implement. Trump had previously discussed plans to reduce immigration, impose broad tariffs, and cut taxes, all of which could drive up inflation. SP Angel added that gold buyers may also be preparing for a more intense election, but the Republican sweep may have led to the liquidation of such positions. (Jin Shi)