Gold Prices Surge on Weak US Inflation Data and Growing Expectations of Fed Rate Cuts
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#14566990 ver:1.22
Gold prices surge on weak US inflation data and growing expectations of Fed rate cuts. Speculation of a rate cut by the Federal Reserve, along with factors like falling Treasury yields and the People's Bank of China's decision not to buy gold, impact bullion prices. Investors are now pricing in a 73% chance of a Fed rate cut in September. Gold is seen as a safe-haven asset and a hedge against inflation and depreciating currencies. #GoldPrices #FedRateCut #InflationData...
#newstr #Gold #UsInflation #FederalReserve #RateCut #UsDollarIndex #LaborMarket
https://here.news/story/14566990?ver=1.22
Gold Prices in India Experience a Decrease on April 23 /
npub130…jv40j
2024-07-11 20:02:20
Author Public Key
npub130fvwavnqsrt5qddsvturpcen9ghhrw3lw9faz6jngrc0jcrnl2qwjv40jPublished at
2024-07-11 20:02:20Event JSON
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"content": "Gold Prices Surge on Weak US Inflation Data and Growing Expectations of Fed Rate Cuts\n===============\t\n#14566990 ver:1.22\n\nGold prices surge on weak US inflation data and growing expectations of Fed rate cuts. Speculation of a rate cut by the Federal Reserve, along with factors like falling Treasury yields and the People's Bank of China's decision not to buy gold, impact bullion prices. Investors are now pricing in a 73% chance of a Fed rate cut in September. Gold is seen as a safe-haven asset and a hedge against inflation and depreciating currencies. #GoldPrices #FedRateCut #InflationData...\n\n#newstr #Gold #UsInflation #FederalReserve #RateCut #UsDollarIndex #LaborMarket \n\n https://here.news/story/14566990?ver=1.22",
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