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Gold Retreats as Middle East Tensions Ease Following Strikes /
npub187g…4guk
2024-05-09 02:53:53

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

Gold prices remain flat as investors await US economic data
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#50bb159c ver:0.8

Gold prices remain flat as investors await US economic data. The US labor market report showed slower job growth, lower wages, and an increase in the unemployment rate, weakening the argument for higher interest rates. Traders expect Fed members to support the Fed's stance, potentially impacting the gold price. Central bank buying and Asian demand continue to support gold, while stagflation risks and a fragile economic outlook may encourage Western investors to add gold to their portfolios. #GoldPrices #USJobsReport #FedPolicy #CentralBanks #AsianDemand...

#newstr #GoldPrices #UsEconomicData #FederalReserve #InterestRateCuts #SpotGold #GoldFutures #Cme'sFedwatchTool #LowerInterestRates #Bullion #FedBankOfBoston #SusanCollins #SpotSilver #Platinum #Palladium

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