Dollar rally pushes gold to near two-month low as traders await Fed cues
Gold touches lowest price since Sept ... Reserve Chair Powell and other U.S. central bank officials. Following the Fed's recent decision to cut its benchmark interest rate by a quarter of a percentage point to the 4.50% to 4.75% range, traders currently ...
The precious metal's rise signals deeper worries about inflation, even after two years of Fed rate hikes. Some analysts ...
Gold prices have fallen 2% so far this week as a strong dollar weighed on sentiments. US Fed's rate cut on Thursday ...
The DXY, which tracks the performance of the US Dollar against a basket of peers, hit a YTD high of 106.52, surpassing the ...
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3 reasons why surging gold prices will climb another 8% by the end of 2025, Goldman saysGoldman expects the Federal Reserve to reduce the fed funds rate to the 3.25%-to-3.5% range midway through 2025. Since the ...
Gold nears critical support at $2,646 as inflation data and Fed remarks loom, potentially setting a bearish tone for XAU prices if the level breaks.
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Gold benefited from Fed’s dovish rate cut and hints of flexibility in future policy direction. Powell signals rate cuts could adapt to labor market shifts, keeping investors cautious.
U.S. inflation data may prompt the Fed to reconsider rate cuts, impacting stocks, Treasury yields, the dollar, and gold in ...
(Reuters) - Gold prices fell to a near two-month low on Tuesday, pressured by a stronger U.S. dollar and growth optimism ...
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Gold Price Loses Momentum - FactorsThe impressive year-to-date rally in gold has seen a temporary dip following the recent US election results, according to a ...
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