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Gold Retreats as Middle East Tensions Ease Following Strikes /
npub187g…4guk
2024-06-08 07:53:45

Gold Retreats as Middle East Tensions Ease Following Strikes on Nostr: Gold Prices Plunge on Strong US Nonfarm Payroll Report and China's Pause in Gold ...

Gold Prices Plunge on Strong US Nonfarm Payroll Report and China's Pause in Gold Buying
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#50bb159c ver:1.28

Gold prices plunged to a four-week low as strong US nonfarm payroll data and China's pause in gold buying weighed on the precious metal. The Dollar Index strengthened and rate cut expectations shifted. Market awaits the US Federal Reserve's decision. Despite the dip, investors may continue to buy the dips for medium to long term positions as fundamentals remain constructive. #GoldPrices #USNonfarmPayroll #ChinaGoldBuying #DollarIndex #RateCutExpectations #FederalReserve...

#newstr #Gold #UsNonfarmPayroll #China #RateCut #DollarIndex #CentralBank #Etf #Yields #Support #Resistance

https://here.news/story/50bb159c?ver=1.28
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