Gold Retreats as Middle East Tensions Ease Following Strikes on Nostr: Gold Prices Rebound After Weekly Loss as US Inflation Concerns Persist ...
Gold Prices Rebound After Weekly Loss as US Inflation Concerns Persist
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#50bb159c ver:0.56
Gold prices rebounded after a weekly loss as US inflation concerns persisted. The weaker dollar made gold more attractive, with spot gold up 0.4% at $2,325.89 per ounce. Investor focus shifted to US economic data and the possibility of rate cuts by the Federal Reserve. Spot silver and platinum also rose, while palladium remained steady. However, gold is on track for a weekly loss due to US inflation data and higher Treasury yields. Gold is seen as a safe-haven asset and a hedge against inflation and depreciating currencies. #GoldPrices #InflationConcerns #FederalReserve...
#newstr #Gold #Xau #PriceForecast #MarketAnalysis #FederalReserve #Inflation #Economy
https://here.news/story/50bb159c?ver=0.56
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#50bb159c ver:0.56
Gold prices rebounded after a weekly loss as US inflation concerns persisted. The weaker dollar made gold more attractive, with spot gold up 0.4% at $2,325.89 per ounce. Investor focus shifted to US economic data and the possibility of rate cuts by the Federal Reserve. Spot silver and platinum also rose, while palladium remained steady. However, gold is on track for a weekly loss due to US inflation data and higher Treasury yields. Gold is seen as a safe-haven asset and a hedge against inflation and depreciating currencies. #GoldPrices #InflationConcerns #FederalReserve...
#newstr #Gold #Xau #PriceForecast #MarketAnalysis #FederalReserve #Inflation #Economy
https://here.news/story/50bb159c?ver=0.56