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Gold Surges As U.S. Dollar Slides After Fed Rate Hike Bets Begin To Lower
Source: Nasdaq
Monetary PolicyInterest Rates & YieldsEconomic DataEnergy Markets & Prices
Gold prices surged on Thursday after Federal Reserve Governor Christopher Waller made dovish comments, reinforcing expectations against a rate hike. Weak-than-expected jobs data added to the rate-cut tailwind by clouding the likelihood of near-term tightening.
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