Gold Prices React to Key US Inflation Data on Nostr: Gold Prices Ease as Investors Await US Economic Data for Fed Rate Cues ...
Gold Prices Ease as Investors Await US Economic Data for Fed Rate Cues
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#1427aa63 ver:0.3
Gold prices ease as investors await US economic data for Fed rate cues. Traders predict a 68% probability of a rate cut in September. Gold prices rose last week due to softening price pressures and hopes of a Fed rate cut. However, prices fell this week as the Federal Reserve indicated a higher-for-longer stance on interest rates. Gold prices may retest $2,300 and further declines are possible. State Street predicts gold prices will trade between $2,200 and $2,500 in the second half of 2024. #GoldPrices #FedRateCut #USData...
#newstr #Gold #FederalReserve #InterestRates #Investors #UsEconomicData #RateCut
https://here.news/story/1427aa63?ver=0.3
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#1427aa63 ver:0.3
Gold prices ease as investors await US economic data for Fed rate cues. Traders predict a 68% probability of a rate cut in September. Gold prices rose last week due to softening price pressures and hopes of a Fed rate cut. However, prices fell this week as the Federal Reserve indicated a higher-for-longer stance on interest rates. Gold prices may retest $2,300 and further declines are possible. State Street predicts gold prices will trade between $2,200 and $2,500 in the second half of 2024. #GoldPrices #FedRateCut #USData...
#newstr #Gold #FederalReserve #InterestRates #Investors #UsEconomicData #RateCut
https://here.news/story/1427aa63?ver=0.3