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Gold Prices React to Key US Inflation Data /
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2024-07-15 04:04:37

Gold Prices React to Key US Inflation Data on Nostr: Gold Prices Dip as Investors Await Comments from Federal Reserve Officials ...

Gold Prices Dip as Investors Await Comments from Federal Reserve Officials
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#1427aa63 ver:0.88

Gold prices dip as investors await comments from Federal Reserve officials and economic data for cues on US interest rate trajectory. Spot gold eases 0.1% to $2,409.54/oz, while US gold futures fall 0.2% to $2,414.70/oz. A stronger dollar makes gold more expensive for buyers holding other currencies. Fed Chair Jerome Powell is due to speak later in the day, with other officials speaking later in the week. Markets are pricing in a 93% chance of a rate cut in September. #GoldPrices #FederalReserve #InterestRates...

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