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2024-06-26 02:59:21

Gold Prices in India Experience a Decrease on April 23 on Nostr: Gold Market Reacts to Hawkish Fed and Awaits Inflation Data =============== #14566990 ...

Gold Market Reacts to Hawkish Fed and Awaits Inflation Data
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#14566990 ver:0.85

Gold prices slide to one-week low as Fed's hawkish outlook boosts US Treasury bond yields, supports US Dollar, and undermines gold. Traders await US Q1 GDP and PCE Price Index data for directional cues. Geopolitical tensions and central bank buying continue to support gold as a safe-haven asset. Technical outlook is bearish, but long-term outlook remains bullish. #Gold #Fed #inflation #safehaven #geopolitics...

#newstr #GoldMarket #InflationData #FederalReserve #InterestRateCut #PersonalConsumptionExpendituresPriceIndex #EconomicIndicators #HeadAndShouldersFormations #BearFlagBreakout #TradingOpportunities

https://here.news/story/14566990?ver=0.85
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