Gold Prices Slide Despite Dovish Powell Comments and Upbeat Jobs Data
===============
#14566990 ver:1.01
Despite dovish comments from Federal Reserve Chair Jerome Powell and upbeat jobs data, gold prices slid as US Treasury yields remained firm. Powell acknowledged the resumption of disinflation but emphasized the strength of the US economy and labor market. Traders are now looking to Powell's speech for potential clues on the future direction of gold prices. The US dollar edged lower, Wall Street ended higher, and crude oil prices fell. Gold prices fell to $2,329 as Powell adopted a dovish stance, but the downside remains limited as Treasury yields continue to be influenced by his comments. #GoldPrices #FederalReserve #USJobsData...
#newstr #GoldPrices #UsDollar #FederalReserve #JeromePowell #UsJobsData #EcbForumOnCentralBanking #LaborMarket #JobVacancies #UsTreasuryYields #WallStreet
https://here.news/story/14566990?ver=1.01
Gold Prices in India Experience a Decrease on April 23 /
npub130…jv40j
2024-07-03 10:04:19
Author Public Key
npub130fvwavnqsrt5qddsvturpcen9ghhrw3lw9faz6jngrc0jcrnl2qwjv40jPublished at
2024-07-03 10:04:19Event JSON
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"content": "Gold Prices Slide Despite Dovish Powell Comments and Upbeat Jobs Data\n===============\t\n#14566990 ver:1.01\n\nDespite dovish comments from Federal Reserve Chair Jerome Powell and upbeat jobs data, gold prices slid as US Treasury yields remained firm. Powell acknowledged the resumption of disinflation but emphasized the strength of the US economy and labor market. Traders are now looking to Powell's speech for potential clues on the future direction of gold prices. The US dollar edged lower, Wall Street ended higher, and crude oil prices fell. Gold prices fell to $2,329 as Powell adopted a dovish stance, but the downside remains limited as Treasury yields continue to be influenced by his comments. #GoldPrices #FederalReserve #USJobsData...\n\n#newstr #GoldPrices #UsDollar #FederalReserve #JeromePowell #UsJobsData #EcbForumOnCentralBanking #LaborMarket #JobVacancies #UsTreasuryYields #WallStreet \n\n https://here.news/story/14566990?ver=1.01",
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