Gold Prices React to Key US Inflation Data on Nostr: Gold Prices Reach Two-Week High on Weak US Economic Data and Rate Cut Expectations ...
Gold Prices Reach Two-Week High on Weak US Economic Data and Rate Cut Expectations
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#1427aa63 ver:0.45
Gold prices reach two-week high on weak US economic data and rate cut expectations. Spot gold hits $2,333.69 per ounce, highest since June 7. Traders monitor retail sales data and Fed statements for rate cut signals. Lower interest rates reduce opportunity cost of holding gold. Safe-haven bids also support gold amid geopolitical tensions. ANZ analysts have $2,500 per ounce price target by end of 2024. #GoldPrices #RateCuts #EconomicData #SafeHaven #ANZ...
#newstr #GoldPrices #UsEconomicData #InterestRateCuts #FederalReserve
https://here.news/story/1427aa63?ver=0.45
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#1427aa63 ver:0.45
Gold prices reach two-week high on weak US economic data and rate cut expectations. Spot gold hits $2,333.69 per ounce, highest since June 7. Traders monitor retail sales data and Fed statements for rate cut signals. Lower interest rates reduce opportunity cost of holding gold. Safe-haven bids also support gold amid geopolitical tensions. ANZ analysts have $2,500 per ounce price target by end of 2024. #GoldPrices #RateCuts #EconomicData #SafeHaven #ANZ...
#newstr #GoldPrices #UsEconomicData #InterestRateCuts #FederalReserve
https://here.news/story/1427aa63?ver=0.45