TechFlow news, on November 11, gold prices rebounded strongly, driven by easing risks of a U.S. government shutdown and rising expectations for fiscal stimulus. In the early hours of November 11, COMEX gold futures rose 2.83% to $4,123.40 per ounce, hitting a nearly two-week high. Market bets on loose fiscal policy intensified amid Trump's proposed "$2,000 dividend for every person" plan and tax cut expectations, compounded by a weakening dollar and escalating geopolitical risks, prompting capital to accelerate its return to safe-haven assets.
Analysts at BiyaPay believe gold prices have entered a strong upward channel and may experience short-term consolidation before gathering momentum. JPMorgan Private Bank forecasts that medium-term targets could reach the $4,800 to $5,300 range. Amid a macro environment of high inflation and expansive fiscal policy, gold is once again becoming a safe-haven anchor for global capital. Investors can explore the BiyaPay platform to trade U.S. stocks, Hong Kong stocks, and futures markets with USDT, while taking advantage of zero-fee cryptocurrency spot contracts to capture asset appreciation opportunities in the inflationary era.
