Gold Prices Ease as Investors Await US Economic Data for Fed Rate Cues
===============
#1427aa63 ver:0.3
Gold prices ease as investors await US economic data for Fed rate cues. Traders predict a 68% probability of a rate cut in September. Gold prices rose last week due to softening price pressures and hopes of a Fed rate cut. However, prices fell this week as the Federal Reserve indicated a higher-for-longer stance on interest rates. Gold prices may retest $2,300 and further declines are possible. State Street predicts gold prices will trade between $2,200 and $2,500 in the second half of 2024. #GoldPrices #FedRateCut #USData...
#newstr #Gold #FederalReserve #InterestRates #Investors #UsEconomicData #RateCut
https://here.news/story/1427aa63?ver=0.3
Gold Prices React to Key US Inflation Data /
npub1xh…tan5z
2024-06-17 09:06:20
Author Public Key
npub1xhmwtz5yna37nz5mk2e5hha3n2a6zef0xsc07rlwhkr9rjayysgsatan5zPublished at
2024-06-17 09:06:20Event JSON
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"content": "Gold Prices Ease as Investors Await US Economic Data for Fed Rate Cues\n===============\t\n#1427aa63 ver:0.3\n\nGold prices ease as investors await US economic data for Fed rate cues. Traders predict a 68% probability of a rate cut in September. Gold prices rose last week due to softening price pressures and hopes of a Fed rate cut. However, prices fell this week as the Federal Reserve indicated a higher-for-longer stance on interest rates. Gold prices may retest $2,300 and further declines are possible. State Street predicts gold prices will trade between $2,200 and $2,500 in the second half of 2024. #GoldPrices #FedRateCut #USData...\n\n#newstr #Gold #FederalReserve #InterestRates #Investors #UsEconomicData #RateCut \n\n https://here.news/story/1427aa63?ver=0.3",
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