Source: accessible information

According to foreign news on May 2, COMEX gold futures closed lower on Thursday, and the market focus returned to US interest rates to remain at higher levels for a longer time.TelegramcryptogamesTraders are also waiting for economic data that could affect the Fed's policy path.

13:30 New York time on May 2nd (01:30 Beijing time on May 3rd), the June gold futures contract with the most active trading in COMEX fell 1.Telegramcryptogames.4 dollars, or 0Telegramcryptogames.1%, the settlement price is US $2309.6 per ounce.

July silver futures closed 8.1 cents higher at $26.829 an ounce.

July platinum futures closed up $7.70 at $962.6 an ounce.

June palladium futures closed down $9.50 to settle at $939.10 an ounce.

July copper futures fell 6. 15 cents to settle at 4. 5% a pound. 4845 dollars.

"given the inflationary environment and the relative strength of the dollar, we have seen the gold market suffer in the past few weeks," said David Meger, director of fund and asset management investment at High Ridge Futures.TelegramcryptogamesThere was some pressure. " We believe that this correction is not over yet. The Fed kept interest rates stable on Wednesday and said it continued to favor eventual lower borrowing costs. However, the Fed pointed to a "lack of further progress" in inflation. Meger said that now the market's attention has turned to the US non-farm payrolls report released on Friday, and if the employment data is extremely strong, the outlook for interest rate cuts could be pulled down further. While gold has traditionally been seen as a hedge against inflation, high interest rates to curb price increases may increase the opportunity cost of holding non-fruit gold. Jim Wyckof, a senior market analyst at Kitco, attributed Thursday's gold price move to normal consolidation after Wednesday's rise. Gold prices rose on Wednesday because the market thought the Fed's statement was not as tough as some feared. (integrated compilation of Wenhua Finance and Economics, Song Limei)