Gold Prices React to US Data as Investors Monitor Federal Reserve's Interest Rate Path
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#2d0e458e ver:0.37
Gold prices rise as US inflation cools, increasing chances of Fed interest rate cuts. Traders predict a 56% chance of a cut in September. Australian Reserve Bank expected to cut rates this week. Silver, platinum, and palladium prices fluctuate. US manufacturing activity slows, construction spending falls. Traders now anticipate a 60% chance of a Fed rate cut in September. Cooling US economy boosts rate cut expectations. Lower rates benefit gold and other precious metals. Copper prices stabilize after recent decline. #Gold #Fed #InterestRates #Inflation #Silver #Platinum #Palladium #Copper...
#newstr #GoldPrices #FederalReserve #UsInflation #InterestRates #UsEconomicData #RateCutSpeculation #Dollar #UsEconomy #PreciousMetals #CopperPrices
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