Gold Prices React to Key US Inflation Data on Nostr: Gold Prices Set for Second Straight Weekly Gain as Focus Shifts to US Payrolls ...

Gold Prices Set for Second Straight Weekly Gain as Focus Shifts to US Payrolls
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#1427aa63 ver:0.76

Gold prices set for second straight weekly gain as focus shifts to US payrolls. Soft US economic data fuels expectations of interest rate reduction in September, increasing the appeal of non-yielding gold. Traders pricing in 73% chance of rate cut. Dollar decline makes gold more attractive. Spot silver also rises, heading for best week since May. #Gold #USPayrolls #InterestRates #Silver...

#newstr #Gold #UsEconomy #InterestRates

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