Bulls enhance the shine of spot gold - Attention turns to U.S. key data
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Despite hawkish signals from U.S. Federal Reserve Governor Waller, emphasizing the need for higher interest rates and further inflation progress before considering a rate cut, precious metals experienced a sustainable upside surge on Wednesday. Waller envisioned the beginning of an easing cycle in 2024 but highlighted the importance of consecutive months of inflation data nearing 2%.
Bulls enhance the shine of spot gold - Attention turns to U.S. key data
Bulls enhance the shine of spot gold …
Bulls enhance the shine of spot gold - Attention turns to U.S. key data
Despite hawkish signals from U.S. Federal Reserve Governor Waller, emphasizing the need for higher interest rates and further inflation progress before considering a rate cut, precious metals experienced a sustainable upside surge on Wednesday. Waller envisioned the beginning of an easing cycle in 2024 but highlighted the importance of consecutive months of inflation data nearing 2%.