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Gold Prices Dip Amid Rate Hike Uncertainty, Copper Retreats0
- Uncategorized
- June 5, 2023
Gold prices fell slightly on Monday amid uncertainty over whether the Federal Reserve will hold interest rates steady later this month, while concerns over weakening economic growth pulled copper prices down. The yellow metal fell on Friday after U.S. nonfarm payrolls data read much stronger than expected for May, which posited a hawkish outlook for
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Gold Prices Creep Higher as USD Retreats, Hawkish Fed Caps Gains0
- Gold
- October 19, 2022
Gold prices rose slightly on Wednesday, extending mild gains into a third session as pressure from the dollar abated, although hawkish signals from Federal Reserve officials prevented further gains Spot gold rose 0.1% to $1,653.49 an ounce, while gold futures rose 0.2% to $1,658.90 an ounce by 19:20 ET (23:20 GMT). Both instruments spent a
READ MOREGold Price Forecast: XAU/USD Jumps Above $4,150 as US Shutdown Ends and Rate Cut Bets Rise0
- News
- November 14, 2025
Gold Rises to New Highs in Asian Trading The gold price (XAU/USD) continued its upward move on Friday, trading near $4,185 during the early Asian session. This rise comes as traders expect the reopening of the US government to restart the flow of key economic data, strengthening expectations of future interest rate cuts. US Shutdown
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Gold Edges Lower, Copper Slides On Disappointing Chinese Data0
- Uncategorized
- May 31, 2023
Gold prices crept lower on Wednesday as markets awaited more cues on the raising of the U.S. debt ceiling, while copper prices slid after data offered more signals of a slowing economic rebound in China. Copper futures sank 0.7% to $3.6338 a pound, and were set to lose about 6% in May as data showed
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Gold Buoyant Before The Fed, Copper Rallies on China COVID Hopes0
- Gold, Market, Stock Market
- November 2, 2022
Gold prices held recent gains on Wednesday as the dollar steadied before the conclusion of a Federal Reserve meeting, while copper prices were lifted by speculation over China potentially relaxing its strict zero-COVID policy Spot gold steadied around $1,648.23 an ounce, while gold futures rose 0.1% to $1,650.80 an ounce. Both instruments jumped from a
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GM Wants U.S. Treasury to Reconsider tax Credits for Cadillac Lyriq EV0
- Economy
- January 7, 2023
General Motors said Friday it wants the U.S. Treasury to reconsider classification of GM’s electric Cadillac Lyriq to allow it to qualify for federal tax credits. The Treasury and Internal Revenue Service did not classify the Lyriq as an SUV, meaning its retail price cannot be above $55,000 to qualify for up to $7,500 in
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