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Gold Rebounds Toward Record Highs as Fed Rate Pause Bets Weaken Dollar

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Gold and silver extended gains as a softening U.S.
  • dollar and dovish comments from Fed Governor Waller lowered September rate-hike odds.
  • Investors are now closely watching upcoming nonfarm payrolls and inflation data for future monetary policy direction.
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XAUUSD price history

4408.90 -4.49% over the displayed period

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