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Gold Retreats as Middle East Tensions Ease Following Strikes /
npub187g…4guk
2024-06-05 12:02:09

Gold Retreats as Middle East Tensions Ease Following Strikes on Nostr: Gold Prices Trade Sideways Near $2,330 as Markets Brace for Key Jobs Number ...

Gold Prices Trade Sideways Near $2,330 as Markets Brace for Key Jobs Number
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#50bb159c ver:1.22

Gold prices struggle to gain momentum as they trade sideways near $2,330. Expectations of Fed rate cuts and weak US macro data support the precious metal. Traders await key events like the Nonfarm Payrolls report and central bank meetings for further direction. Despite a slight dip, gold remains bullish above $2,336, supported by low Treasury yields. The US Dollar's rebound and upcoming economic data could impact gold prices. #Gold #Fed #NonfarmPayrolls #USdollar...

#newstr #Gold #Usd #FederalReserve #InterestRates #UsMacroData #ManufacturingActivity #NonfarmPayrolls #BankOfCanada #EuropeanCentralBank #UsTreasuryYields

https://here.news/story/50bb159c?ver=1.22
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