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Gold Price - What's driving today's rise in gold prices
16-07-2024 00:50
"A rate cut in September is now fully priced in by markets, supporting gold prices in the near term," Yeap was quoted as saying in the Reuters report. Powell indicated confidence
Gold price attracts some buyers, potential upside seems limited amid risk-on/stronger US Dollar
The risk-on mood, along with a modest US Dollar strength, might cap the upside for the XAU/USD.