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Gold Prices React to Key US Inflation Data /
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2024-07-01 16:01:47

Gold Prices React to Key US Inflation Data on Nostr: Gold Prices Rise as Investors Await US Jobs Data =============== #1427aa63 ver:0.63 ...

Gold Prices Rise as Investors Await US Jobs Data
===============
#1427aa63 ver:0.63

Gold prices rise as investors await US jobs data, with hopes of interest rate cuts by the Federal Reserve. Spot gold rose 0.1% to $2,327.12 per ounce, while gold futures eased 0.1% to $2,336.60. Traders are pricing in a 63% chance of a rate cut in September. Market focus shifts to remarks from Fed Chair Jerome Powell and US labor market data later in the week. Other precious metals trended lower, with silver falling 0.5% and platinum falling 0.5%. #GoldPrices #FederalReserve #InterestRates #USJobsData...

#newstr #Gold #Investors #UsJobsData #InterestRateCuts #FederalReserve

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