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2024-07-08 20:05:00

Gold Prices in India Experience a Decrease on April 23 on Nostr: Gold Price Volatility Continues as Risk Appetite Returns and Fed Rate Cut Speculation ...

Gold Price Volatility Continues as Risk Appetite Returns and Fed Rate Cut Speculation Grows
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#14566990 ver:1.19

Gold prices drop over 1% to $2,358 as risk appetite returns and speculation of a Fed rate cut grows. Mixed US jobs data and China's decision not to buy gold in June contribute to the decline. Investors now see a 73% chance of a rate cut in September. Gold prices retreat below the Head-and-Shoulders neckline, opening the door for consolidation. Central banks, including China, India, and Turkey, continue to increase their gold reserves. #GoldPrice #FedRateCut #SafeHavenAsset #Inflation #GeopoliticalInstability...

#newstr #Gold #RiskAppetite #FederalReserve #RateCut #UsJobsData #People'sBankOfChina #TreasuryYields #Inflation #JeromePowell #CentralBanks #UsDollar #UsTreasuries

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