Gold ended the trading session with a
significant price increase. The precious metal
reached a high of around 2330 UsD, after
touching the 2270 support UsD mark
experiencing a significant increase of 60 USD in
just one day.

Do you wonder why gold increased so strongly?

world gold prices still galloped and
continuously conquered new record levels in
the last trading session of the week, marking
the third consecutive week of increase.
-Recently, looking at the strength of the
economy and inflation data, Fed Chairman
Jerome Powell reiterated his view that the US
Central Bank has time to consider when to cut
interest rates for the first time. . According to
the CME FedWatch tool, traders are currently
pricing in about a 59% chance that the Fed will
cut interest rates in June