On Wednesday, gold prices held steady at around $2,520 per ounce as investors awaited the US inflation report later in the day for indications of the Federal Reserve’s potential rate cut.
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Gold held steady near $2,520 per ounce on Friday, close to one-week highs as traders awaited the highly anticipated US jobs report.
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Gold remained close to $2,500 per ounce on Thursday as investors awaited the crucial US jobs report for further insights into the Federal Reserve's potential interest rate cuts, which could lower the opportunity cost of holding non-yielding gold.
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Gold remained steady above $2,490 per ounce on Wednesday after recent declines, as investors evaluated new economic data and its implications for the Federal Reserve's interest rate decisions.
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Gold remained below $2,500 per ounce on Tuesday, continuing its pullback from last week’s record highs as investors awaited US data to adjust their expectations for the Federal Reserve’s interest rate decision.
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Gold dropped below $2,500 per ounce on Monday, continuing its decline from last week's record highs due to a stronger dollar and rising bond yields.
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On Thursday, gold climbed above $2,510 per ounce, nearing record highs as expectations of Federal Reserve interest rate cuts continued to encourage the metal.
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Gold prices fell slightly below $2,520 per ounce on Wednesday as investors awaited further indications on the Federal Reserve’s upcoming interest rate decision.
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Gold prices fell below $2,510 per ounce on Tuesday, despite expectations of imminent US rate cuts and rising geopolitical tensions.
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