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Gold Price Surges: Third Consecutive Week of Gains Above $2,400

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Gold prices are poised to mark their third consecutive week of gains, hovering above the $2,400 threshold on Friday. Market speculation surrounding the Federal Reserve’s potential easing cycle in September continues to support the precious metal’s upward trajectory. Despite the US Department of Labor’s report showing higher-than-expected factory prices, the US dollar failed to gain […]

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Gold Market Seesaws: Conflicting Inflation Reports Fuel Price Volatility

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 07/12/2024 22:51:55 GMT  Gold prices seesawed dramatically on July 14, 2024, as market participants struggled to reconcile conflicting inflation signals from the Producer Price Index (PPI) and Consumer Price Index (CPI) reports. The CPI report on July 13, 2024, showed a decline in inflation to 3% annually, sparking optimism in the precious metals market. Gold

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