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Gold Retreats as Middle East Tensions Ease Following Strikes /
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2024-05-06 15:57:53

Gold Retreats as Middle East Tensions Ease Following Strikes on Nostr: Gold Price Rises as Investors Weigh Mixed Signals on US Economy =============== ...

Gold Price Rises as Investors Weigh Mixed Signals on US Economy
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#50bb159c ver:0.74

Gold price rises as investors weigh mixed signals on US economy. Despite a decline in gold prices last week, major banks predict higher prices this year. The Federal Reserve's firm stance on interest rates prompts defensive strategies. Bitcoin and stocks rally, while the fate of crypto in the US depends on the election outcome. Gold edges higher after softer-than-expected US jobs data, easing fears of high inflation. Cautious optimism curbs demand for safety assets, but gold remains attractive with a 12% gain this year. Spot gold climbs 0.8% to $2,319.75 per ounce. #GoldPrice #USJobs #FederalReserve #Bitcoin #Stocks #Crypto #Inflation...

#newstr #Gold #Investors #UsEconomy #FederalReserve #Inflation

https://here.news/story/50bb159c?ver=0.74
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