Gold wavered as traders reassessed the Fed’s rate path following weaker-than-expected US producer price data, which reduced fears of an imminent hike. The move suggests near-term rate expectations softened, but the lack of a clear directional catalyst kept gold range-bound.
Gold wavered as traders reassessed the Fed’s rate path following weaker-than-expected US producer price data, which reduced fears of an imminent hike. The move suggests near-term rate expectations softened, but the lack of a clear directional catalyst kept gold range-bound.
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neutral
Sentiment Score
0.10
Ticker Sentiment
