Gold steadies near three-month lows; focus shifts to Powell

Norge Nyheter Nyheter

Gold steadies near three-month lows; focus shifts to Powell
Norge Siste Nytt,Norge Overskrifter
  • 📰 CNBC
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 72%

Gold held near three-month lows on Wednesday after strong U.S. economic readings offset the bullion's traditional safe-haven status.

High interest rates discourage investing in non-yielding gold.

Investors will keenly watch Thursday's personal consumption expenditure price index data for May amongst other data.

Vi har oppsummert denne nyheten slik at du kan lese den raskt. Er du interessert i nyhetene kan du lese hele teksten her. Les mer:

CNBC /  🏆 12. in US

Norge Siste Nytt, Norge Overskrifter

Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.

Gold slips after strong US data as focus turns to PowellGold slips after strong US data as focus turns to PowellGold reversed course to slip on Tuesday after strong U.S. economic readings, while traders positioned for Federal Reserve Chair Jerome Powell's speech and more data that could offer clues on future interest rate hikes.
Les mer »

Gold Price Forecast: XAU/USD downside opens up toward $1,885, Fed’s Powell eyedGold Price Forecast: XAU/USD downside opens up toward $1,885, Fed’s Powell eyed💰 $XAUUSD price nurses losses while languishing at three-month lows near 1,910 💵 $USD looks to build on the previous rebound amid an uptick in the US Treasury bond yields and a mixed market mood Full forecast ⏩ Forex Commodities
Les mer »

Gold Technical Analysis: Bears\u2019 Control of Strong GoldWith the return of the strength of the US dollar, the markets confirmed that the US Federal Reserve is determined to continue raising US interest
Les mer »

Gold, silver bounce back amid Russia turmoil after hitting 3-month lows last weekGold and silver futures advanced on Monday, reversing some of their recent losses, as this weekend's aborted mutiny in Russia helped boost demand for safety...
Les mer »

Top three Gold trading tips [Video]This top-notch video will teach you top three Gold trading tips 👏 👏 If you're a Forex or Stocks trader, surely you won't want to miss it. Check it out! ➡️ ➡️
Les mer »

Rescuers save wild horse, foal trapped by Lake Powell’s rising watersRescuers save wild horse, foal trapped by Lake Powell’s rising watersA wild horse and her foal that had been stranded on a Lake Powell beach for weeks as water levels increased were rescued and taken to an animal sanctuary last week, National Park Service officials announced.
Les mer »



Render Time: 2025-03-04 13:48:26