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XAU/USD: Citi expects physical gold demand to rebound, maintains $3,000 target
Physical gold demand likely softened in the second quarter compared to the first, although “off a very strong base,” Citi analysts said in a Tuesday note.The Wall Street behemoth notes that underlyingInvesting.com
Jul 10, 2024
Natural Gas looking for direction with markets assessing Beryl’s impact
Natural Gas price (XNG/USD) is unable to extend the bounce it triggered on Monday and trades steady in a tight range on Wednesday. The more than ten-day correction finally snapped after Natural Gas reached a pivotal level at $2.29 and has been afloatFxstreet
Jul 10, 2024
Gold prices steady amid rate cut speculation, copper dips on China inflation
Investing.com-- Gold prices rose slightly in Asian trade on Wednesday as comments from Federal Reserve Chair Jerome Powell sparked increased speculation over when the central bank will begin cutting iInvesting.com
Jul 10, 2024
Gold ticks up as Powell hints patience
Gold prices edged up during Tuesday’s North American session after Federal Reserve Chair Jerome Powell appeared at the US Senate Banking Committee and stated that inflation is moving toward the Fed’s 2% goal, yet it is not ready to lower borrowing costs.Fxstreet
Jul 9, 2024
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