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Gold rises ahead of US inflation data, could reach $2400 in this case

Global gold prices rose for the third consecutive session today, Thursday, amid investors’ anticipation of US inflation data scheduled for release later in the day to gain further insights into the Federal Reserve’s interest rate path. The dollar weakened, making the yellow metal priced in US currency more attractive to holders of other currencies. Investors →Read more

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Gold prices await Powell’s testimony

Gold prices rose in Asian trading on Tuesday, recovering some losses incurred overnight as traders awaited signals on easing from Federal Reserve Chairman Jerome Powell’s anticipated testimony. The yellow metal had declined on Monday but still held onto gains from the previous week, fueled by weak labor market readings that increased expectations of a September →Read more

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الأكثر قراءة

Gold rises ahead of US inflation data, could reach $2400 in this case

Global gold prices rose for the third consecutive session today, Thursday, amid investors’ anticipation of US inflation data scheduled for release later in the day to gain further insights into the Federal Reserve’s interest rate path. The dollar weakened, making the yellow metal priced in US currency more attractive to holders of other currencies. Investors →Read more

إقرأ المزيد

Gold prices await Powell’s testimony

Gold prices rose in Asian trading on Tuesday, recovering some losses incurred overnight as traders awaited signals on easing from Federal Reserve Chairman Jerome Powell’s anticipated testimony. The yellow metal had declined on Monday but still held onto gains from the previous week, fueled by weak labor market readings that increased expectations of a September →Read more

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