Gold Prices Rise as US Bond Yields Ease and Fed Speakers Take Center Stage
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#1427aa63 ver:0.36
Gold prices slipped as the US dollar held firm, but investors are looking to economic data and comments from Federal Reserve officials for clarity on rate cut timeline. Traders see a 68% probability of a rate cut in September. Lower interest rates reduce the opportunity cost of holding non-yielding bullion. #GoldPrices #FederalReserve #RateCut...
#newstr #GoldPrices #UsBondYields #FederalReserve #InterestRates #EconomicData #FedSpeakers
https://here.news/story/1427aa63?ver=0.36
Gold Prices React to Key US Inflation Data /
npub1xh…tan5z
2024-06-18 05:06:16
Author Public Key
npub1xhmwtz5yna37nz5mk2e5hha3n2a6zef0xsc07rlwhkr9rjayysgsatan5zPublished at
2024-06-18 05:06:16Event JSON
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"content": "Gold Prices Rise as US Bond Yields Ease and Fed Speakers Take Center Stage\n===============\t\n#1427aa63 ver:0.36\n\nGold prices slipped as the US dollar held firm, but investors are looking to economic data and comments from Federal Reserve officials for clarity on rate cut timeline. Traders see a 68% probability of a rate cut in September. Lower interest rates reduce the opportunity cost of holding non-yielding bullion. #GoldPrices #FederalReserve #RateCut...\n\n#newstr #GoldPrices #UsBondYields #FederalReserve #InterestRates #EconomicData #FedSpeakers \n\n https://here.news/story/1427aa63?ver=0.36",
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