Gold Fed Rate Shift
Gold prices swing sharply as soft US inflation and jobs data fuel Federal Reserve rate-cut hopes, reversing earlier declines driven by rate-hike bets.
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- MARKETGold slips 0.7% as dollar strength and Fed rate-hike fears weigh on precious metals
Investors are positioning ahead of the Federal Reserve's two-day policy meeting, with growing expectations of a rate increase later this year pressuring safe-haven assets.
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- DATAGold surges over 2% as soft US inflation data fuels Fed rate-cut hopes
The precious metal extends its recovery from a two-week low, with traders repricing the probability of a less hawkish Federal Reserve stance following the latest consumer price data.
New Straits Times - MARKETFPCCI pushes for deeper D-8 economic and banking integration
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- MARKETGold holds near two-week high as soft US jobs data cools rate-hike bets
Spot gold extends rally triggered by disappointing nonfarm payrolls, with investors scaling back expectations for Federal Reserve tightening.
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- MARKETGold extends slide to seven-month low as rate-hike bets lift dollar
Spot gold fell for a third straight session, pressured by a stronger US dollar and shifting Fed policy expectations.
New Straits Times - CB MEETINGFederal Reserve rate decision (press conf.) US high
Title actor match
- CB MEETINGFederal Reserve rate decision (press conf.) US high
Title actor match