Gold Prices Slip as Investors Take Profits from May Peak
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#1427aa63 ver:0.82
Gold prices slip as investors take profits from May peak, following rising bets of US interest rate cuts in September. Traders expect a 78% chance of a rate cut, reducing the opportunity cost of holding non-yielding bullion. Market focus this week is on Fed Chair Jerome Powell's testimony and US inflation data. #Gold #Investing #InterestRates...
#newstr #Gold #Investors #ProfitTaking #InterestRateCuts #LaborMarket #FederalReserve #InflationData
https://here.news/story/1427aa63?ver=0.82
Gold Prices React to Key US Inflation Data /
npub1xh…tan5z
2024-07-08 06:04:52
Author Public Key
npub1xhmwtz5yna37nz5mk2e5hha3n2a6zef0xsc07rlwhkr9rjayysgsatan5zPublished at
2024-07-08 06:04:52Event JSON
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"content": "Gold Prices Slip as Investors Take Profits from May Peak\n===============\t\n#1427aa63 ver:0.82\n\nGold prices slip as investors take profits from May peak, following rising bets of US interest rate cuts in September. Traders expect a 78% chance of a rate cut, reducing the opportunity cost of holding non-yielding bullion. Market focus this week is on Fed Chair Jerome Powell's testimony and US inflation data. #Gold #Investing #InterestRates...\n\n#newstr #Gold #Investors #ProfitTaking #InterestRateCuts #LaborMarket #FederalReserve #InflationData \n\n https://here.news/story/1427aa63?ver=0.82",
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