Gold Prices Drift Lower as Traders Await US Inflation Data
===============
#14566990 ver:0.81
Gold prices continue to trade within a tight range, hovering around the low $2,300 an ounce level for about two weeks. Traders are awaiting US inflation data, which could impact rate cut expectations. The recent stability in gold prices is attributed to uncertainty over US interest rates. Despite pressure from a stronger dollar, gold prices rose slightly in Asian trade. Lower rates reduce the opportunity cost of holding non-yielding bullion. #GoldPrices #USInflationData #RateCuts...
#newstr #GoldPrices #UsInflationData #Traders #RateJitters #PreciousMetals #Copper #TradeWar #TreasuryYields #FederalReserve
https://here.news/story/14566990?ver=0.81
Gold Prices in India Experience a Decrease on April 23 /
npub130…jv40j
2024-06-25 04:56:09
Author Public Key
npub130fvwavnqsrt5qddsvturpcen9ghhrw3lw9faz6jngrc0jcrnl2qwjv40jPublished at
2024-06-25 04:56:09Event JSON
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"content": "Gold Prices Drift Lower as Traders Await US Inflation Data\n===============\t\n#14566990 ver:0.81\n\nGold prices continue to trade within a tight range, hovering around the low $2,300 an ounce level for about two weeks. Traders are awaiting US inflation data, which could impact rate cut expectations. The recent stability in gold prices is attributed to uncertainty over US interest rates. Despite pressure from a stronger dollar, gold prices rose slightly in Asian trade. Lower rates reduce the opportunity cost of holding non-yielding bullion. #GoldPrices #USInflationData #RateCuts...\n\n#newstr #GoldPrices #UsInflationData #Traders #RateJitters #PreciousMetals #Copper #TradeWar #TreasuryYields #FederalReserve \n\n https://here.news/story/14566990?ver=0.81",
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