XAUUSD & Brent decline after Fed cut and Trump win
The Federal Reserve's quarter-point rate reduction to 4.50%-4.75% influenced gold and oil prices. The rate cut aimed to sustain economic growth, while the new administration's policies may impact crude prices.
XAUUSD & BRN outlook ahead of US jobs report and US elections
Gold sees a healthy pullback ahead of the US jobs report and presidential election, while Brent rebounds to the mid-$70 range due to geopolitical tensions. The outcome of these events will likely influence the direction of both markets.
Gold remains above the $2,700 level, driven by safe-haven demand and expectations of Federal Reserve rate cuts. Geopolitical tensions and US election risks continue to influence market sentiment.
Gold surged past $2,700 per ounce, reaching a record high due to heightened demand for safe-haven assets and expectations of interest rate cuts. Geopolitical tensions and disappointing fiscal measures in China also fueled the increase, though strong US economic data limited further gains.
The Federal Reserve's quarter-point rate reduction to 4.50%-4.75% influenced gold and oil prices. The rate cut aimed to sustain economic growth, while...
Gold sees a healthy pullback ahead of the US jobs report and presidential election, while Brent rebounds to the mid-$70 range due to geopolitical tens...
Gold remains above the $2,700 level, driven by safe-haven demand and expectations of Federal Reserve rate cuts. Geopolitical tensions and US election ...
Gold surged past $2,700 per ounce, reaching a record high due to heightened demand for safe-haven assets and expectations of interest rate cuts. Geopo...
Gold
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XAUUSD
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