Gold Prices React to Key US Inflation Data on Nostr: Gold Prices Rise as US Bond Yields Ease and Fed Speakers Take Center Stage ...

Gold Prices Rise as US Bond Yields Ease and Fed Speakers Take Center Stage
===============
#1427aa63 ver:0.36

Gold prices slipped as the US dollar held firm, but investors are looking to economic data and comments from Federal Reserve officials for clarity on rate cut timeline. Traders see a 68% probability of a rate cut in September. Lower interest rates reduce the opportunity cost of holding non-yielding bullion. #GoldPrices #FederalReserve #RateCut...

#newstr #GoldPrices #UsBondYields #FederalReserve #InterestRates #EconomicData #FedSpeakers

https://here.news/story/1427aa63?ver=0.36