Gold Prices React to Key US Inflation Data on Nostr: Gold Prices Slip as Investors Take Profits from May Peak =============== #1427aa63 ...

Gold Prices Slip as Investors Take Profits from May Peak
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#1427aa63 ver:0.82

Gold prices slip as investors take profits from May peak, following rising bets of US interest rate cuts in September. Traders expect a 78% chance of a rate cut, reducing the opportunity cost of holding non-yielding bullion. Market focus this week is on Fed Chair Jerome Powell's testimony and US inflation data. #Gold #Investing #InterestRates...

#newstr #Gold #Investors #ProfitTaking #InterestRateCuts #LaborMarket #FederalReserve #InflationData

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