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Gold falls as hot US data lifts dollar, yields; cools hopes for jumbo Fed cut

Gold prices fell on Thursday as hotter-than-expected U.S. inflation data and a drop in jobless claims lifted the dollar and Treasury yields, trimming the odds of a supersized September rate cut.

IBTimes India · 12h

Fed rate-cut hopes, softer dollar pushes gold rise streak into hattrick

Gold extended gains to a third session on Thursday, supported by rising expectations of an interest rate cut by the U.S. Federal Reserve in September following tame inflation data, which also weighed on the dollar.

The Wall Street Journal on MSN · 6h

Gold Futures Fall on Lower Interest Rate Cut Hopes

Gold futures fall as market risk sentiment improves. Futures are down 0.4% at $3,395.60 a troy ounce. Despite a drop in Treasury yields and expectations of a September U.S. interest rate cut, gold’s recent trading has been broadly rangebound,

Gold prices intensify losses for the week, but 'specter of higher inflation' may limit downside

Gold futures settled Thursday at a two-week low, contributing to a more than 3% loss so far this week, as the biggest monthly ...

11hon MSN

Gold edges down as dollar firms; investors eye U.S. economic data

Gold prices edged down on Thursday due to a slight uptick in the U.S. dollar index, although expectations of a Federal ...

Argaam3h

Gold ends higher as dollar weakens

Gold prices rose at Wednesday’s close, supported by a weaker dollar and growing expectations that the Federal Reserve will ...

Strong PPI and stable labour market support Dollar and pressurize Gold, $3.339 holds as key support

Bulls need to defend $3335 as this zone aligns with ascending channel support trendline failing which, Gold will be exposed ...

3don MSN

Has the gold price surge finally stopped? Here's what some experts think.

Has the remarkable price uptick finally run out of steam, or is this just a breather before the next big move?

Legit.ng on MSN3h

Naira Strengthens as Dollar Falls, External Reserves Cross $40bn for First Time in Months

The naira has rebounded in the foreign exchange market as new data from the Central Bank of Nigeria shows robust accretion ...

15d

Dollar's Gain Means More Gold Pain

Explore how a strong dollar and robust economic data impact gold prices. Click for my look at the latest GDP figures and other economic news affecting markets.

Gold News: Dollar Slides to 2-Week Low, Lifting Gold Prices and Trader Sentiment

Gold prices rise as Fed rate cut bets grow and the dollar weakens, with a break above the 50-day moving average putting $3409.43 back on the radar.

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