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Gold Prices React to Key US Inflation Data /
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2024-07-02 12:08:11

Gold Prices React to Key US Inflation Data on Nostr: Gold Prices Stabilize as Investors Assess Latest US Inflation Data =============== ...

Gold Prices Stabilize as Investors Assess Latest US Inflation Data
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#1427aa63 ver:0.67

Gold prices stabilize as investors assess latest US inflation data, with hopes of Fed rate cuts. Traders await remarks from Fed Chair Jerome Powell, FOMC minutes, and US labor market data. Silver and platinum prices fall, while palladium inches up. Copper prices retreat due to mixed economic readings from China. Gold investors focus on US jobs report and FOMC minutes for clarity on rate cut timing. Gold prices hover around $2325/oz, with $2300 as support and $2355 as resistance. Lower interest rates and strong gold investment demand expected. #GoldPrices #InflationData #FedRateCuts #USJobsReport...

#newstr #Gold #UsInflation #UsRateCuts #BankOfEngland #People'sBankOfChina #UsJobsReport #FederalOpenMarketCommittee(fomc) #UsDollar #Us10yearTreasuryNote #UsManufacturingSector

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