US EditionGold Dips in Healthy Correction
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5 Articles
Gold prices were boosted by the Fed's minutes showing that there was no consensus on a rate cut in December.
The price of gold advanced more than 1% this Wednesday and stood at around $4,111.79 per ounce, in a session marked by the caution of the Federal Reserve. The operators reacted to statements by the president of the Richmond Fed, Thomas Barkin, who warned that the central bank still has “a lot to learn” before the FOMC meeting on December 10. The lack of statistics resulting from the recent closure of the US Administration fuels uncertainty, whil…
Gold Dips in Healthy Correction
Gold prices eased to 4,060 USD per ounce on Wednesday, marking a technical correction following the previous session’s gains. Investor caution prevails ahead of a series of high-impact macroeconomic releases, with particular focus on today’s FOMC meeting minutes and Thursday’s US employment report. These publications are expected to provide crucial insights into the Federal Reserve’s […] The post Gold Dips in Healthy Correction appeared first on…
Gold Prices at $4,100 as Traders Await FOMC Minutes for Rate-Cut
After rising from the mark of $4,000, gold continues to hold onto the gains it made, moving around $4,100. Right now, everyone’s glued to the upcoming FOMC minutes, hoping for some kind of signal on what’s next. There’s still a strong wave of safe-haven buying—nerves about the US economy aren’t going away, and Wall Street’s […] The post Gold Prices Persist High at $4,100 Ahead of Important Fed Decision appeared first on XtremeMarkets.
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