Analysis: Uncertainty Surrounding Tariff Refunds, Market Response Varied
BlockBeats News, February 20th, according to Bitget's market data, after the U.S. Supreme Court ruled on Trump's trade case, the spot gold experienced a large short-term volatility, dropping from $5063.96 per ounce to $4990.9 per ounce, a $73 drop. It has now rebounded to $5052 per ounce, a recovery of about $61 from the low point.
Analyst James Athey pointed out that the market seems uncertain about how to respond to the ruling. The major issue was originally related to tariff refunds.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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