Gold steadied after its first weekly gain since May as markets scaled back expectations of an additional US Fed rate hike. The reduced rate-hike outlook provided support for the metal’s near-term price action, helping it hold its gains into the latest session.
Gold steadied after its first weekly gain since May as markets scaled back expectations of an additional US Fed rate hike. The reduced rate-hike outlook provided support for the metal’s near-term price action, helping it hold its gains into the latest session.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.10