Gold Prices React to Global PMIs and Rate Worries, US Shares Up Despite Uncertainty =============== #50bb159c ver:1.15 Gold prices dropped as strong PMI data dampened hopes of Federal Reserve rate cuts. US shares were up despite uncertainty. The decline in gold prices may be attributed to a potential false break and the stronger US dollar. Traders are waiting for a retracement in gold prices before reentering the market. The decline in rate-cut hopes and the potential for firmer growth and inflation have negatively impacted market sentiment. Despite disappointing US home sale data, gold prices continue to face selling pressure. #GoldPrices #PMI #RateCuts #USShares #MarketSentiment... #newstr #Gold #Pmi #FederalReserve #RateCuts #WallStreet #Dollar #Oil #Inflation https://here.news/story/50bb159c?ver=1.15