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Gold Retreats as Middle East Tensions Ease Following Strikes /
npub187g…4guk
2024-05-21 02:55:16

Gold Retreats as Middle East Tensions Ease Following Strikes on Nostr: Gold Hovers Near Record High on Growing Rate-Cut Bets =============== #50bb159c ...

Gold Hovers Near Record High on Growing Rate-Cut Bets
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#50bb159c ver:1.09

Gold prices surge to a new all-time high, driven by growing rate-cut bets and expectations of a US interest rate cut. Traders increase bets on a September rate cut by the Federal Reserve, while inflation data supports gold. Central banks and hedge funds also boost purchases of gold. Gold mining stocks benefit, and silver prices rise as well. Analysts remain optimistic about the long-term outlook for gold. #Gold #RateCut #Inflation #CentralBanks #Silver...

#newstr #Gold #RateCuts #FederalReserve

https://here.news/story/50bb159c?ver=1.09
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