The gold price is influenced by multiple factors, and the market remains cautious before the release of the Fed meeting minutes.

On February 19th, Jinshi Data, XS.com market analyst Rania Gule, said that several interwoven factors are affecting the price of gold, including expectations of a Fed rate cut, concerns about the trade war, and geopolitical tensions. Before the release of the meeting minutes by the Fed later on Wednesday, traders may remain cautious, and the minutes may provide clear information on the future monetary policy direction. This may directly affect the movement of the dollar, thus affecting the price of gold.