Gold prices saw a slight increase in Asian trade on Friday, continuing their upward trend above key levels following dovish signals from the Federal Reserve, which led to significant losses…
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FED
FED, or Federal Reserve, is the central banking system of the United States. It regulates monetary policy, supervises banks, and aims to maintain economic stability. The Fed influences interest rates and money supply to foster sustainable economic growth.
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- Gold PricesGold NewsSpot Gold
Gold Surpasses $2,000 Amidst Weaker Dollar and Fed Meeting Impact
by annaby annaIn the early hours of the Asian session on Thursday, the price of gold (XAU/USD) soared above the $2,000 mark, driven by a weakened US Dollar (USD) and reduced Treasury…
- Gold NewsGold FuturesGold PricesSpot Gold
Gold Prices Hover as Investors Await Federal Reserve’s Decision on Interest Rates
by annaby annaGold prices found themselves in a holding pattern on Wednesday, as markets exhibited caution ahead of the Federal Reserve’s concluding meeting for the year. Investors eagerly awaited the central bank’s…
- Gold NewsGold PricesSpot Gold
Gold Extends Decline Below $2,000 Ahead of US CPI and Fed Rate Decision
by annaby annaOn Monday, the price of spot gold slipped below the $2,000 level, reaching the $1,980 neighborhood as markets brace for the upcoming release of the US Consumer Price Index (CPI)…
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