US EditionGold Prices Amidst US Economic Data and Federal Reserve Signals
7 Articles
7 Articles
Gold Prices Amidst US Economic Data and Federal Reserve Signals
Gold Prices Amidst US Economic Data and Federal Reserve Signals Gold prices are holding steady as market players look forward to upcoming US economic indicators and the Federal Reserve’s policy meeting in December. Analysts suggest that crucial data such as GDP, inflation rates, and consumer confidence will shape the expected trajectory of interest rates.Market experts believe the US economic data and the minutes from the Federal Open Market Com…
3 Key US Economic Reports Could Move Bitcoin Before Thanksgiving
Bitcoin faces a pivotal week as three delayed US economic reports are set for release before Thanksgiving, potentially reshaping expectations for Federal Reserve policy and influencing crypto markets. These economic indicators arrive at a crucial time for risk assets, with December rate cut…
The Fed's weakening of its expectation of a year-end interest rate cut has caused gold to drop slightly; gram gold is traded at 5,527 TL, quarter gold is at 9,399 TL, and an ounce of gold is at $4,053.
Expectations of a December rate cut by the Federal Reserve rose, sending Asian and US stock futures higher on Monday. Gold prices remained stable, while silver and platinum both increased. Oil prices continued to fall due to concerns about the prospects for a Russia-Ukraine peace agreement. Australian, South Korean, and Taiwanese stock markets also rose, and Hong Kong futures also climbed. Geopolitically, tensions between China and Japan continu…
Gold Fluctuates Amid US Rate Cut Uncertainty
Gold prices experienced downward pressure early last week as markets reassessed the likelihood of an imminent interest rate cut by the US Federal Reserve, according to ANZ. This shift in market sentiment was largely influenced by stronger-than-anticipated US jobs data for September. Uncertainty was further compounded by delays in broader economic data releases stemming from the US government shutdown. However, gold prices managed to recoup some …
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