Gold Retreats as Middle East Tensions Ease Following Strikes on Nostr: Gold prices set for robust performance amid expectations of US interest rate cuts ...
Gold prices set for robust performance amid expectations of US interest rate cuts
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#50bb159c ver:0.96
Gold prices set for best week since April as US interest rate cuts are expected. Spot gold rose 0.3% to $2,353.43 per ounce, hitting a two-week high. US gold futures also increased 0.9% to $2,360.40. Traders anticipate the Federal Reserve to start easing in September, reducing the opportunity cost of holding gold. The US producer price index and consumer price index data are due next week. #gold #interestrates #FederalReserve...
#newstr #Gold #PreciousMetal #GoldPrices #CentralBanks #InterestRates #Inflation
https://here.news/story/50bb159c?ver=0.96
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#50bb159c ver:0.96
Gold prices set for best week since April as US interest rate cuts are expected. Spot gold rose 0.3% to $2,353.43 per ounce, hitting a two-week high. US gold futures also increased 0.9% to $2,360.40. Traders anticipate the Federal Reserve to start easing in September, reducing the opportunity cost of holding gold. The US producer price index and consumer price index data are due next week. #gold #interestrates #FederalReserve...
#newstr #Gold #PreciousMetal #GoldPrices #CentralBanks #InterestRates #Inflation
https://here.news/story/50bb159c?ver=0.96