Day: September 6, 2024

Gold Price Recovers Amidst Market Uncertainty

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Gold prices have experienced a short-term recovery, with the XAU/USD pair trading above the $2,500 level. The market’s focus remains on the Federal Reserve’s monetary policy outlook, with expectations for interest rate cuts in September increasing. The weaker-than-expected US economic data has raised concerns about the US labor market’s strength, potentially impacting the Federal Reserve’s […]

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