Gold Prices React to Key US Inflation Data on Nostr: Gold Prices Rise as Weak US Data Boosts Expectations of Fed Rate Cut =============== ...

Gold Prices Rise as Weak US Data Boosts Expectations of Fed Rate Cut
===============
#1427aa63 ver:0.43

#Gold prices rise as weak US data boosts expectations of #Fed rate cut. Spot gold up 0.3% at $2,333.62/oz, highest since June 12. Traders watching US retail sales data for indications of a rate cut. Lower interest rates reduce opportunity cost of holding non-yielding bullion. #economy #investing...

#newstr #Gold #FederalReserve #InterestRates #UsEconomy

https://here.news/story/1427aa63?ver=0.43