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2024-06-25 05:24:15
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Investing.com UK on Nostr: nostr:note16ezkf7r75750uuk47dz4dv8sjuuuanmfwyfre4nnhyz45gns9dnq9d7q6t

Gold Prices Drift Lower as Traders Await US Inflation Data
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#14566990 ver:0.81

Gold prices continue to trade within a tight range, hovering around the low $2,300 an ounce level for about two weeks. Traders are awaiting US inflation data, which could impact rate cut expectations. The recent stability in gold prices is attributed to uncertainty over US interest rates. Despite pressure from a stronger dollar, gold prices rose slightly in Asian trade. Lower rates reduce the opportunity cost of holding non-yielding bullion. #GoldPrices #USInflationData #RateCuts...

#newstr #GoldPrices #UsInflationData #Traders #RateJitters #PreciousMetals #Copper #TradeWar #TreasuryYields #FederalReserve

https://here.news/story/14566990?ver=0.81
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