Gold Prices Retreat Ahead of Key Economic Event on Nostr: Gold Prices React to Mixed Signals from US Economy and Chinese Data =============== ...
Gold Prices React to Mixed Signals from US Economy and Chinese Data
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#0f42923f ver:0.52
Gold prices react to mixed signals from the US economy and Chinese data. Disinflationary US PPI data suggests potential interest rate cuts, but the Fed is more cautious. Technical analysis shows a bearish Head-and-Shoulders pattern, while the PBoC's halt in gold buying suggests a price cap. Uncertainty remains as economic data points to disinflation but central bankers act cautiously. Gold trades lower amid a sell-off in commodities and the possibility of high US interest rates. Overall, the future trajectory of interest rates remains a key factor in evaluating the gold price. #GoldPrices #USFed #InterestRates #ChinaEconomy...
#newstr #Gold #UsEconomy #Inflation #InterestRates #ChineseEconomicData #Commodities
https://here.news/story/0f42923f?ver=0.52
===============
#0f42923f ver:0.52
Gold prices react to mixed signals from the US economy and Chinese data. Disinflationary US PPI data suggests potential interest rate cuts, but the Fed is more cautious. Technical analysis shows a bearish Head-and-Shoulders pattern, while the PBoC's halt in gold buying suggests a price cap. Uncertainty remains as economic data points to disinflation but central bankers act cautiously. Gold trades lower amid a sell-off in commodities and the possibility of high US interest rates. Overall, the future trajectory of interest rates remains a key factor in evaluating the gold price. #GoldPrices #USFed #InterestRates #ChinaEconomy...
#newstr #Gold #UsEconomy #Inflation #InterestRates #ChineseEconomicData #Commodities
https://here.news/story/0f42923f?ver=0.52