Gold Prices React to Key US Inflation Data on Nostr: Gold Prices React to Weak US Data, Fueling Expectations of Fed Rate Cut ...

Gold Prices React to Weak US Data, Fueling Expectations of Fed Rate Cut
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#1427aa63 ver:0.4

Gold prices react to weak US data, fueling expectations of a Fed rate cut. Traders closely watch US retail sales data and Reserve officials' statements. If retail sales disappoint, it could boost gold prices. Lower interest rates reduce the opportunity cost of holding gold. #GoldPrices #FedRateCut #USData...

#newstr #Gold #UsEconomy #FederalReserve #InterestRates

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