Gold Prices React to Key US Inflation Data on Nostr: Gold Prices Slip as Investors Await Clues on US Rate Cuts =============== #1427aa63 ...
Gold Prices Slip as Investors Await Clues on US Rate Cuts
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#1427aa63 ver:0.32
Gold prices slip as investors await US rate cut clues. Spot gold down 0.5% at $2,321.49/oz, while US gold futures dip 0.6% to $2,334.40/oz. Traders see 68% probability of rate cut in September. US retail sales data, jobless claims, and flash PMIs due this week. Minneapolis Fed President predicts rate cut in December. Lower interest rates reduce opportunity cost of holding gold. #GoldPrices #RateCuts #Investing...
#newstr #GoldPrices #FederalReserve #InterestRates #Investors #Demand #Supply #Reserves #GoldForecast #TradingPrices #UsInflation #UsEconomicData
https://here.news/story/1427aa63?ver=0.32
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#1427aa63 ver:0.32
Gold prices slip as investors await US rate cut clues. Spot gold down 0.5% at $2,321.49/oz, while US gold futures dip 0.6% to $2,334.40/oz. Traders see 68% probability of rate cut in September. US retail sales data, jobless claims, and flash PMIs due this week. Minneapolis Fed President predicts rate cut in December. Lower interest rates reduce opportunity cost of holding gold. #GoldPrices #RateCuts #Investing...
#newstr #GoldPrices #FederalReserve #InterestRates #Investors #Demand #Supply #Reserves #GoldForecast #TradingPrices #UsInflation #UsEconomicData
https://here.news/story/1427aa63?ver=0.32