Gold's having a bit of a comeback moment after the Fed dropped their decision. Spot prices initially took a hit but clawed back most of the losses—currently sitting at $4,203.99 per ounce, down just 0.1%. Classic knee-jerk reaction smoothing out as traders digest what Powell & co. actually said versus what the market was pricing in.
Interesting to watch how traditional safe havens respond to Fed policy shifts, especially when crypto's increasingly viewed as an alternative hedge. That minimal dip suggests the market's not panicking—yet. Whether gold holds this level or continues bleeding out depends on how aggressive the Fed's tone really was.
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DeFiVeteran
· 12-11 18:41
ngl the fed always does this to us... gold bounces back but like, where's the real conviction tho? 0.1% down is basically a shrug at this point lmao
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ImpermanentPhilosopher
· 12-10 19:38
This wave of gold rebound is indeed interesting; the market isn't as fragile as it seems... It only dropped by 0.1% before stabilizing, indicating that the bulls are still quite strong.
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TideReceder
· 12-10 19:33
Gold is showing off again. The rebound after the Fed decision is quite steady, but I'm just worried Powell might have even more aggressive moves up his sleeve...
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ReverseFOMOguy
· 12-10 19:18
This wave of gold rebound is interesting; the market isn't as fragile as expected.
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GateUser-addcaaf7
· 12-10 19:17
Kaneko's rebound this time is quite interesting; the market response is really fast... A 0.1% decline is nothing at all, and Powell probably hasn't pulled out any big moves, right?
Gold's having a bit of a comeback moment after the Fed dropped their decision. Spot prices initially took a hit but clawed back most of the losses—currently sitting at $4,203.99 per ounce, down just 0.1%. Classic knee-jerk reaction smoothing out as traders digest what Powell & co. actually said versus what the market was pricing in.
Interesting to watch how traditional safe havens respond to Fed policy shifts, especially when crypto's increasingly viewed as an alternative hedge. That minimal dip suggests the market's not panicking—yet. Whether gold holds this level or continues bleeding out depends on how aggressive the Fed's tone really was.