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Gold set for weekly decline as US inflation data dims Fed rate cut hopes
Gold prices edged higher on Friday, buoyed by a weaker dollar, but were poised for a weekly decline after hotter-than-expected US inflation data dampened prospects for a super-sized September rate cut by the Federal Reserve.
Gold rose on Wednesday as expectations of a U.S. Federal Reserve interest rate cut in September gained traction following ...
The price of gold today, as of 9:12 am ET, was $3,387.70 per ounce. That’s down 0.05% from yesterday’s gold price of $3,389.29. Compared to last week, the price of gold is up 0.77%, and it ...
Has the remarkable price uptick finally run out of steam, or is this just a breather before the next big move?
Gold prices extended significant decline on August 12. Gold's October contracts on the Multi Commodity Exchange of India (MCX ...
Gold prices edged higher on Friday, buoyed by a weaker dollar, but were poised for a weekly decline after ...
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