
金色财经|Aug 20, 2025 12:20
The trend of the US dollar may become a catalyst for gold to break through the range
Golden Finance reported that gold futures rose, reversing the previous trading day's decline. Trade Nation's David Morrison pointed out that over the past 10 weeks, gold has remained in a range of fluctuations overall. Traders closely monitor the trend of the US dollar, as a weaker dollar may make gold priced in US dollars cheaper for international buyers, increasing demand for gold. Morrison stated that factors that could trigger fluctuations in the US dollar include the Federal Reserve meeting minutes released on Wednesday and Powell's speech at Jackson Hole on Friday.
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