Gold Prices Dip as Traders Await US Inflation Data
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#1427aa63 ver:0.06
Gold prices dip as traders await US inflation data, which could impact the Federal Reserve's interest rate cuts. Last week, gold prices rose following weak jobs data, supporting expectations of a rate cut. Traders are currently pricing in a 63% chance of a rate cut in September. The focus this week will be on the US Producer Price Index (PPI) and Consumer Price Index (CPI) data. Despite recent volatility, the long-term outlook for gold remains positive. #GoldPrices #InflationData #FederalReserve #RateCuts...
#newstr #GoldPrices #UsInflationData #FederalReserve #InterestRateCuts
https://here.news/story/1427aa63?ver=0.06
Gold Prices React to Key US Inflation Data /
npub1xh…tan5z
2024-05-13 19:05:15
Author Public Key
npub1xhmwtz5yna37nz5mk2e5hha3n2a6zef0xsc07rlwhkr9rjayysgsatan5zPublished at
2024-05-13 19:05:15Event JSON
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"content": "Gold Prices Dip as Traders Await US Inflation Data\n===============\t\n#1427aa63 ver:0.06\n\nGold prices dip as traders await US inflation data, which could impact the Federal Reserve's interest rate cuts. Last week, gold prices rose following weak jobs data, supporting expectations of a rate cut. Traders are currently pricing in a 63% chance of a rate cut in September. The focus this week will be on the US Producer Price Index (PPI) and Consumer Price Index (CPI) data. Despite recent volatility, the long-term outlook for gold remains positive. #GoldPrices #InflationData #FederalReserve #RateCuts...\n\n#newstr #GoldPrices #UsInflationData #FederalReserve #InterestRateCuts \n\n https://here.news/story/1427aa63?ver=0.06",
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