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Gold Prices React to Key US Inflation Data /
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2024-07-01 23:07:13

Gold Prices React to Key US Inflation Data on Nostr: Gold Prices Steady as Market Awaits Busy US Weekly Schedule =============== #1427aa63 ...

Gold Prices Steady as Market Awaits Busy US Weekly Schedule
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#1427aa63 ver:0.65

Gold prices held steady as traders awaited key events this week, including remarks from Fed Chair Jerome Powell, FOMC meeting minutes, and US labor market data. Expectations of US interest rate cuts and lower rates globally supported gold prices. The market sees a 63-64% chance of a rate cut in September. Gold futures for August gained 0.1% to $2,341.60 per ounce. Investors are closely analyzing data and commentary for clues about future interest rates and gold's performance. #GoldPrices #FedRateCut #JeromePowell #FOMC #USLaborMarket...

#newstr #Gold #FederalReserve #UsDollar #TreasuryYields #JeromePowell

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