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Gold Retreats as Middle East Tensions Ease Following Strikes /
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2024-05-10 06:55:37

Gold Retreats as Middle East Tensions Ease Following Strikes on Nostr: Gold prices set for best week in five on renewed US rate-cut hopes =============== ...

Gold prices set for best week in five on renewed US rate-cut hopes
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#50bb159c ver:0.91

Gold prices set for best week in five on renewed US rate-cut hopes. Spot gold up 0.3% to $2,353.43/oz, highest in 2 weeks. Traders expect Fed to start easing cycle in September, reducing opportunity cost of holding gold. US producer price index and consumer price index data due next week. #Gold #RateCut #Economy...

#newstr #Gold #Ratecut #FederalReserve #EconomicData

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