Gold Retreats as Middle East Tensions Ease Following Strikes on Nostr: Gold Prices Decline as US Labor Market Falls Short of Expectations, Fedspeak Eyed ...
Gold Prices Decline as US Labor Market Falls Short of Expectations, Fedspeak Eyed
===============
#50bb159c ver:0.72
Gold prices decline as US labor market falls short of expectations, with 175,000 jobs created in April instead of the expected 238,000. Unemployment rate rises to 3.9% and wages don't rise as much as expected. Federal Reserve's monetary policy and interest rates are in focus. Gold prices jump after labor market report, but have room to fall as Fed maintains restrictive policy. Central banks continue to buy gold, with record purchases in Q1. Stalemate in gold market could lead to profit-taking among investors. Bitcoin rallies, stocks surge, and altcoins see a surge. US service sector loses momentum. Gold prices fall affected by shrinking expectations of early US rate cut....
#newstr #GoldPrices #UsLaborMarket #FederalReserve #CentralBanks #Bitcoin #GlobalStockMarket #UsInterestRates #UsJobsReport #Fedspeak #UsDollar
https://here.news/story/50bb159c?ver=0.72
===============
#50bb159c ver:0.72
Gold prices decline as US labor market falls short of expectations, with 175,000 jobs created in April instead of the expected 238,000. Unemployment rate rises to 3.9% and wages don't rise as much as expected. Federal Reserve's monetary policy and interest rates are in focus. Gold prices jump after labor market report, but have room to fall as Fed maintains restrictive policy. Central banks continue to buy gold, with record purchases in Q1. Stalemate in gold market could lead to profit-taking among investors. Bitcoin rallies, stocks surge, and altcoins see a surge. US service sector loses momentum. Gold prices fall affected by shrinking expectations of early US rate cut....
#newstr #GoldPrices #UsLaborMarket #FederalReserve #CentralBanks #Bitcoin #GlobalStockMarket #UsInterestRates #UsJobsReport #Fedspeak #UsDollar
https://here.news/story/50bb159c?ver=0.72