Gold prices steady as investors await US inflation data, but snap winning streak on Fed's hawkish remarks
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#0bb54c1b ver:0.99
Gold prices steady as investors await US inflation data, but snap winning streak on Fed's hawkish remarks. Diminishing expectations of a Fed rate cut in September and stronger-than-expected US economic data weigh on gold. Higher interest rates increase gold's opportunity costs. Investors monitor US GDP data and ongoing geopolitical tensions. #Gold #Inflation #Fed #InterestRates #USD...
#newstr #Gold #UsInflationData #FederalReserve #HawkishRemarks #UsGdpData #GeopoliticalTensions #SafehavenAssets
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