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Gold Prices React to Key US Inflation Data /
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2024-05-14 04:03:45

Gold Prices React to Key US Inflation Data on Nostr: Gold Prices React to US Inflation Data and Fed Chair's Speech =============== ...

Gold Prices React to US Inflation Data and Fed Chair's Speech
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#1427aa63 ver:0.08

Gold prices react to US inflation data and Fed Chair's speech, with traders cautious due to recent volatility. Key US inflation data expected to impact Federal Reserve's decision on interest rates. Gold remains a safe-haven asset and hedge against inflation and depreciating currencies. Central banks continue to increase gold reserves. Price influenced by US dollar, US Treasuries, geopolitical instability, and recession fears. Traders await US PPI data and Fed Chair's speech for rate adjustment insights. #GoldPrices #InflationData #FederalReserve #SafeHavenAsset...

#newstr #Gold #UsPpiData #Fed'sPowellSpeech

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