Gold prices range-bound amidst Fed rate uncertainty - London Business News | Londonlovesbusiness.com
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from London Business News | Londonlovesbusiness.com7 months ago
Key US inflation data from May indicated a slowdown, supporting expectations that the Fed might implement rate cuts twice this year.
London Business News | Londonlovesbusiness.comhttps://londonlovesbusiness.com/gold-prices-range-bound-amidst-fed-rate-uncertainty/
If manufacturing continues to contract in the US, gold could benefit; political uncertainties in the US and Europe also support gold prices.
London Business News | Londonlovesbusiness.comhttps://londonlovesbusiness.com/gold-prices-range-bound-amidst-fed-rate-uncertainty/
Read at London Business News | Londonlovesbusiness.com
#gold-trading #federal-reserve #us-inflation #political-uncertainty #manufacturing-data #french-elections
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