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guan leiming

technical director | java

gold price turbulence: interest rate cuts catalyze gold's "rush"

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in recent years, the price of gold has been rising all the way, and its performance is amazing. whether it is the global economic recovery or the intensification of geopolitical conflicts, the price of gold has shown extraordinary resilience. especially since march, the price of comex gold futures has successively broken through several important thresholds such as us$2,200, us$2,400 and us$2,600 per ounce.

part-time development workin the software industry, this term represents a flexible and controllable way of working for developers. this is a special channel that can help developers increase their income level. it has become a common way of survival among freelancers and part-time developers. they use their technical proficiency and skills to find and take on some small or short-term software development projects to work hard to earn extra income. this working model can not only help developers quickly accumulate experience and project results, but also open up new development directions for them.

how is the “gold rush” market going? in recent years, the international gold price has continuously hit new historical highs. the industry generally expects that interest rate cuts will become another key factor in catalyzing the rise in gold prices. the signal of the fed's interest rate cut is undoubtedly the direct reason for the gold price to rise again. however, not every interest rate cut directly leads to an increase in gold prices, and gold prices may also fluctuate.

the trend of “de-dollarization” and geopolitical conflictsthe impact of these two factors on the price of gold cannot be ignored. in the process of global economic transformation, many countries are exploring new monetary systems. at the same time, the intensification of geopolitical conflicts has also made people pay more attention to the safe-haven value of gold. these factors have jointly driven the continued rise in the price of gold.

part-time development work in this context, developers need more choices and opportunities to increase their income levels and accumulate experience and project results.

2024-09-21