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Gold Retreats as Middle East Tensions Ease Following Strikes /
npub187g…4guk
2024-05-09 00:54:52

Gold Retreats as Middle East Tensions Ease Following Strikes on Nostr: Gold prices flat as investors await US economic data =============== #50bb159c ...

Gold prices flat as investors await US economic data
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#50bb159c ver:0.79

Gold prices remain flat as investors await US economic data, with the metal trading near $2,290 per ounce. The US labor market report showed weaker-than-expected job gains and wage growth, increasing the likelihood of a Fed rate cut. Central banks continue to buy gold, supporting prices. However, the Fed's hawkish stance and a potential strengthening of the US dollar could weigh on gold in the near term. #GoldPrices #USJobsReport #FedRateCut...

#newstr #GoldPrices #UsLaborMarket #FederalReserve #CentralBanks #Bitcoin #GlobalStockMarket #UsInterestRates #UsJobsReport #Fedspeak #UsDollar #Inflation #MiddleEast #Hamas #Israel #EconomicOutlook #CentralBankBuying #AsianInvestors #UsEconomicData #InterestRateCuts

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