Recently, the prices of precious metals such as gold and platinum group metals have surged significantly due to the dual impact of expectations for a Federal Reserve interest rate cut and safe-haven sentiment. Yesterday, profit-taking occurred as longs partially closed out profitable positions, leading to a pullback in precious metals. Today, metals like gold continue to experience a correction and have entered a phase of volatile trading, while platinum group metal prices have remained generally stable. However, with just one week left until the Federal Reserve's interest rate decision, the rate cut is drawing closer. Before the official implementation of the rate cut, precious metal markets are expected to maintain a strong trend.
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