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Gold delivers V-shape recovery after soft US core PCE Price Index

Gold delivers V-shape recovery after soft US core PCE Price Index
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Gold rises on Middle East crisis, US core PCE inflation remains in spotlight

Gold price (XAU/USD) discovers strong buying interest in Wednesday’s early New York session despite Federal Reserve (Fed) policymakers are not interested in lowering interest rates anytime in the first half of 2024.

Gold remains upbeat against US Dollar ahead of US core PCE price index data

Gold price (XAG/USD) exhibits strength against the US Dollar in Tuesday’s European session on hopes that the Federal Reserve (Fed) will eventually bring interest rates down.

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