Gold Prices React to Key US Inflation Data on Nostr: Gold Prices Decline as Rising US Yields Impact Market =============== #1427aa63 ...
Gold Prices Decline as Rising US Yields Impact Market
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#1427aa63 ver:0.35
Gold prices slipped as rising US yields and a firm dollar made bullion less attractive. Traders await economic data and Fed comments for clarity on rate cut timeline. Gold fell 0.5% to $2,321.49/oz, while silver dropped 1.2% to $29.19/oz. Traders see a 68% chance of a rate cut in September. Lower interest rates reduce opportunity cost of holding gold. #GoldPrices #USYields #RateCut #EconomicData...
#newstr #Gold #UsYields #FederalReserve #UsTreasuryBondYields #RateCuts #RetailSales #IndustrialProduction #JoblessClaims #PurchasingManagersIndex #People'sBankOfChina #SafehavenAsset #Inflation #DepreciatingCurrencies #CentralBanks #UsDollar #GeopoliticalInstability #InterestRates
https://here.news/story/1427aa63?ver=0.35
===============
#1427aa63 ver:0.35
Gold prices slipped as rising US yields and a firm dollar made bullion less attractive. Traders await economic data and Fed comments for clarity on rate cut timeline. Gold fell 0.5% to $2,321.49/oz, while silver dropped 1.2% to $29.19/oz. Traders see a 68% chance of a rate cut in September. Lower interest rates reduce opportunity cost of holding gold. #GoldPrices #USYields #RateCut #EconomicData...
#newstr #Gold #UsYields #FederalReserve #UsTreasuryBondYields #RateCuts #RetailSales #IndustrialProduction #JoblessClaims #PurchasingManagersIndex #People'sBankOfChina #SafehavenAsset #Inflation #DepreciatingCurrencies #CentralBanks #UsDollar #GeopoliticalInstability #InterestRates
https://here.news/story/1427aa63?ver=0.35