The rebound in spot gold may not hold as investors await U.S. GDP and the Fed's preferred inflation gauge, the PCE price index
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The precious yellow metal gains momentum as the U.S. Dollar index (DXY) retreats from its 5-month peak to 105.68. Speculation arises from U.S. data suggesting the Federal Reserve might consider rate cuts earlier, shifting from September to August with talk of even possibilities in June.
The rebound in spot gold may not hold as investors await U.S. GDP and the Fed's preferred inflation gauge, the PCE price index
The rebound in spot gold may not hold as…
The rebound in spot gold may not hold as investors await U.S. GDP and the Fed's preferred inflation gauge, the PCE price index
The precious yellow metal gains momentum as the U.S. Dollar index (DXY) retreats from its 5-month peak to 105.68. Speculation arises from U.S. data suggesting the Federal Reserve might consider rate cuts earlier, shifting from September to August with talk of even possibilities in June.