Gold Prices Slip as Investors Await Clues on US Rate Cuts
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#1427aa63 ver:0.32
Gold prices slip as investors await US rate cut clues. Spot gold down 0.5% at $2,321.49/oz, while US gold futures dip 0.6% to $2,334.40/oz. Traders see 68% probability of rate cut in September. US retail sales data, jobless claims, and flash PMIs due this week. Minneapolis Fed President predicts rate cut in December. Lower interest rates reduce opportunity cost of holding gold. #GoldPrices #RateCuts #Investing...
#newstr #GoldPrices #FederalReserve #InterestRates #Investors #Demand #Supply #Reserves #GoldForecast #TradingPrices #UsInflation #UsEconomicData
https://here.news/story/1427aa63?ver=0.32
Gold Prices React to Key US Inflation Data /
npub1xh…tan5z
2024-06-17 11:04:10
Author Public Key
npub1xhmwtz5yna37nz5mk2e5hha3n2a6zef0xsc07rlwhkr9rjayysgsatan5zPublished at
2024-06-17 11:04:10Event JSON
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"content": "Gold Prices Slip as Investors Await Clues on US Rate Cuts\n===============\t\n#1427aa63 ver:0.32\n\nGold prices slip as investors await US rate cut clues. Spot gold down 0.5% at $2,321.49/oz, while US gold futures dip 0.6% to $2,334.40/oz. Traders see 68% probability of rate cut in September. US retail sales data, jobless claims, and flash PMIs due this week. Minneapolis Fed President predicts rate cut in December. Lower interest rates reduce opportunity cost of holding gold. #GoldPrices #RateCuts #Investing...\n\n#newstr #GoldPrices #FederalReserve #InterestRates #Investors #Demand #Supply #Reserves #GoldForecast #TradingPrices #UsInflation #UsEconomicData \n\n https://here.news/story/1427aa63?ver=0.32",
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