Gold Retreats as Middle East Tensions Ease Following Strikes on Nostr: Gold Slips from Record Levels as Dollar Remains Strong =============== #50bb159c ...
Gold Slips from Record Levels as Dollar Remains Strong
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#50bb159c ver:1.1
Gold slips from record levels as the strong dollar tempers its increase. Traders expect a US interest rate cut, but the dollar's strength supports the precious metal. Gold mining stocks, like Newmont Corporation, benefit. Central banks increase gold purchases amid geopolitical tensions. Analysts predict a long-term positive outlook, with Citigroup forecasting $3,000/oz in 6-18 months and Goldman Sachs raising its year-end forecast to $2,700/oz. Silver prices also rise, near an 11-year high. #Gold #Dollar #InterestRates #SafeHaven #Silver...
#newstr #GoldPrices #DollarStrength #InterestRateCut #GoldMiningStocks #CentralBanks #SilverPrices
https://here.news/story/50bb159c?ver=1.1
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#50bb159c ver:1.1
Gold slips from record levels as the strong dollar tempers its increase. Traders expect a US interest rate cut, but the dollar's strength supports the precious metal. Gold mining stocks, like Newmont Corporation, benefit. Central banks increase gold purchases amid geopolitical tensions. Analysts predict a long-term positive outlook, with Citigroup forecasting $3,000/oz in 6-18 months and Goldman Sachs raising its year-end forecast to $2,700/oz. Silver prices also rise, near an 11-year high. #Gold #Dollar #InterestRates #SafeHaven #Silver...
#newstr #GoldPrices #DollarStrength #InterestRateCut #GoldMiningStocks #CentralBanks #SilverPrices
https://here.news/story/50bb159c?ver=1.1