Gold Prices React to Softer Yields and Await US Inflation Data Amid Cautious Fed Rhetoric
===============
#14566990 ver:0.79
Gold prices remain stable around the $2,300 level as traders await US inflation data and monitor Fed comments for clues on interest rate cuts. Treasury yields falling and a weaker dollar have supported gold prices, but the dollar's strength and uncertainty over rates have kept prices in a tight range. The upcoming US inflation data will provide further insight into the timing and scale of rate cuts. Lower rates reduce the opportunity cost of holding gold. #GoldPrices #InflationData #FedRateCuts...
#newstr #Gold #FederalReserve #UsEconomy #InterestRates #Inflation #GeopoliticalTensions
https://here.news/story/14566990?ver=0.79
Gold Prices in India Experience a Decrease on April 23 /
npub130…jv40j
2024-06-25 02:58:04
Author Public Key
npub130fvwavnqsrt5qddsvturpcen9ghhrw3lw9faz6jngrc0jcrnl2qwjv40jPublished at
2024-06-25 02:58:04Event JSON
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"content": "Gold Prices React to Softer Yields and Await US Inflation Data Amid Cautious Fed Rhetoric\n===============\t\n#14566990 ver:0.79\n\nGold prices remain stable around the $2,300 level as traders await US inflation data and monitor Fed comments for clues on interest rate cuts. Treasury yields falling and a weaker dollar have supported gold prices, but the dollar's strength and uncertainty over rates have kept prices in a tight range. The upcoming US inflation data will provide further insight into the timing and scale of rate cuts. Lower rates reduce the opportunity cost of holding gold. #GoldPrices #InflationData #FedRateCuts...\n\n#newstr #Gold #FederalReserve #UsEconomy #InterestRates #Inflation #GeopoliticalTensions \n\n https://here.news/story/14566990?ver=0.79",
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