Gold Prices React to Key US Inflation Data on Nostr: Gold Prices Slip as Investors Take Profits from May Peak, Edges Higher as Investors ...
Gold Prices Slip as Investors Take Profits from May Peak, Edges Higher as Investors Await Powell's Testimony
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#1427aa63 ver:0.84
Gold prices slip as investors take profits from May peak, but edges higher as investors await Powell's testimony. Spot gold falls 0.9% to $2,370.00 per ounce, while U.S. gold futures ease 0.8% to $2,377.50. Traders expect a 74% chance of a September rate cut by the Federal Reserve, reducing the opportunity cost of holding gold. Market focus this week is on Powell's testimony and U.S. inflation data. Spot gold is up 0.1% at $2,361.77 per ounce, as investors await Powell's testimony. #GoldPrices #Investing #PowellTestimony...
#newstr #Gold #Investors #Testimony
https://here.news/story/1427aa63?ver=0.84
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#1427aa63 ver:0.84
Gold prices slip as investors take profits from May peak, but edges higher as investors await Powell's testimony. Spot gold falls 0.9% to $2,370.00 per ounce, while U.S. gold futures ease 0.8% to $2,377.50. Traders expect a 74% chance of a September rate cut by the Federal Reserve, reducing the opportunity cost of holding gold. Market focus this week is on Powell's testimony and U.S. inflation data. Spot gold is up 0.1% at $2,361.77 per ounce, as investors await Powell's testimony. #GoldPrices #Investing #PowellTestimony...
#newstr #Gold #Investors #Testimony
https://here.news/story/1427aa63?ver=0.84