Gold Prices React to Speculations on US Fed Chairman's Statement
===============
#14566990 ver:1.2
Gold prices dropped over 1% to $2,358 as risk appetite returned and speculation of a Fed rate cut increased. Mixed US jobs data and China's decision not to buy gold in June also impacted prices. Investors now expect a 73% chance of a rate cut in September. Gold prices may consolidate as investors await Fed Chairman Powell's testimony and inflation figures. Gold is a safe-haven asset influenced by geopolitical instability, interest rates, and the US dollar. #GoldPrices #FedRateCut #SafeHavenAsset...
#newstr #GoldPrices #UsFedChairman #InterestRates #InflationData #ChineseCentralBank
https://here.news/story/14566990?ver=1.2
Gold Prices in India Experience a Decrease on April 23 /
npub130…jv40j
2024-07-10 18:01:25
Author Public Key
npub130fvwavnqsrt5qddsvturpcen9ghhrw3lw9faz6jngrc0jcrnl2qwjv40jPublished at
2024-07-10 18:01:25Event JSON
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"content": "Gold Prices React to Speculations on US Fed Chairman's Statement\n===============\t\n#14566990 ver:1.2\n\nGold prices dropped over 1% to $2,358 as risk appetite returned and speculation of a Fed rate cut increased. Mixed US jobs data and China's decision not to buy gold in June also impacted prices. Investors now expect a 73% chance of a rate cut in September. Gold prices may consolidate as investors await Fed Chairman Powell's testimony and inflation figures. Gold is a safe-haven asset influenced by geopolitical instability, interest rates, and the US dollar. #GoldPrices #FedRateCut #SafeHavenAsset...\n\n#newstr #GoldPrices #UsFedChairman #InterestRates #InflationData #ChineseCentralBank \n\n https://here.news/story/14566990?ver=1.2",
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