Gold Prices in India Experience a Decrease on April 23 on Nostr: Gold Prices React to Softer Yields and Await US Inflation Data Amid Cautious Fed ...
Gold Prices React to Softer Yields and Await US Inflation Data Amid Cautious Fed Rhetoric
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#14566990 ver:0.79
Gold prices remain stable around the $2,300 level as traders await US inflation data and monitor Fed comments for clues on interest rate cuts. Treasury yields falling and a weaker dollar have supported gold prices, but the dollar's strength and uncertainty over rates have kept prices in a tight range. The upcoming US inflation data will provide further insight into the timing and scale of rate cuts. Lower rates reduce the opportunity cost of holding gold. #GoldPrices #InflationData #FedRateCuts...
#newstr #Gold #FederalReserve #UsEconomy #InterestRates #Inflation #GeopoliticalTensions
https://here.news/story/14566990?ver=0.79
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#14566990 ver:0.79
Gold prices remain stable around the $2,300 level as traders await US inflation data and monitor Fed comments for clues on interest rate cuts. Treasury yields falling and a weaker dollar have supported gold prices, but the dollar's strength and uncertainty over rates have kept prices in a tight range. The upcoming US inflation data will provide further insight into the timing and scale of rate cuts. Lower rates reduce the opportunity cost of holding gold. #GoldPrices #InflationData #FedRateCuts...
#newstr #Gold #FederalReserve #UsEconomy #InterestRates #Inflation #GeopoliticalTensions
https://here.news/story/14566990?ver=0.79