US stocks fell,Gold fell from a two month high position

21 Jan, 2022

US Treasury Secretary Yellen: inflation is expected to be higher than 2% most of the time in 2022, but over time, US inflation may fall in 2022.

US Treasury Secretary Yellen: inflation is expected to be higher than 2% most of the time in 2022, but over time, US inflation may fall in 2022.

The Federal Reserve "took the first step" towards the United States considering issuing digital currencies, but did not take a position on whether to create digital dollars.

The US dollar index rose 0.19% in late trading to close near 95.78; Bank of America strategists expect the US dollar to strengthen in 2022 because of the tightening of monetary policy and the rise of real interest rates caused by the continuous high inflation in the United States.

Spot gold and spot silver once refreshed their highs in nearly two months to $1847.87/oz and  $24.69/oz. However, affected by the strength of the US dollar in the late trading, the price of gold basically reversed its gains during the day. COMEX February gold futures fell 0.03% to $1842.60 / oz.


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