Gold Prices Plunge as PBC Pauses Bullion Purchases and U.S. Economy Adds Jobs
===============
#14566990 ver:0.58
Gold prices plunged as the People's Bank of China paused bullion purchases and the US economy added jobs, causing concerns about inflation and potential rate cuts. However, gold prices in India remained subdued as precious metals traded flat. The positive jobs report and weak US economic data impacted gold prices, while India's repatriation of gold from the Bank of England boosted the domestic gold market. Despite short-term fluctuations, experts expect gold prices to escalate in the long run. #GoldPrices #Inflation #RateCuts #JobsReport #India #China...
#newstr #GoldPrices #EconomicShifts #PbcAnnouncement #InterestRates #Inflation #JobsReport #FederalReserve #Fomc #RateCuts #ConsumerPriceIndex
https://here.news/story/14566990?ver=0.58
Gold Prices in India Experience a Decrease on April 23 /
npub130…jv40j
2024-06-08 00:57:35
Author Public Key
npub130fvwavnqsrt5qddsvturpcen9ghhrw3lw9faz6jngrc0jcrnl2qwjv40jPublished at
2024-06-08 00:57:35Event JSON
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"content": "Gold Prices Plunge as PBC Pauses Bullion Purchases and U.S. Economy Adds Jobs\n===============\t\n#14566990 ver:0.58\n\nGold prices plunged as the People's Bank of China paused bullion purchases and the US economy added jobs, causing concerns about inflation and potential rate cuts. However, gold prices in India remained subdued as precious metals traded flat. The positive jobs report and weak US economic data impacted gold prices, while India's repatriation of gold from the Bank of England boosted the domestic gold market. Despite short-term fluctuations, experts expect gold prices to escalate in the long run. #GoldPrices #Inflation #RateCuts #JobsReport #India #China...\n\n#newstr #GoldPrices #EconomicShifts #PbcAnnouncement #InterestRates #Inflation #JobsReport #FederalReserve #Fomc #RateCuts #ConsumerPriceIndex \n\n https://here.news/story/14566990?ver=0.58",
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