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Gold Rises to a Seven-Week High as the Dollar and Yields Tumble After U.S. Inflation Slowed Last Month
Gold traded at a seven-week high early on Thursday, spiking back above the US$2,400 mark for the first time since May 22 after U.S. consumer prices rose less than expected last month, sending the
Tracking Hong Kong stock concepts | The Fed does not need to wait for inflation to fall below 2% before lowering interest rates. Gold prices will have further drivers in the future. (Attached concept stocks)
Continuing to stay ahead of the expected rate cut by the Federal Reserve, industry insiders say that the adjustment in gold prices may provide a good buying opportunity.
Gold Price Resumes Uptrend, US CPI in Focus
Gold surges amid growing expectations of Fed rate cuts in September.
CIBC Maintains Franco-Nevada(FNV.US) With Buy Rating, Raises Target Price to $194.62
CIBC analyst Cosmos Chiu maintains $Franco-Nevada(FNV.US)$ with a buy rating, and adjusts the target price from $183.35 to $194.62.According to TipRanks data, the analyst has a success rate of 50.2%
Franco-Nevada Corp Price Target Raised to C$265.00/Share From C$250.00 by CIBC World Markets
Franco-Nevada Corp Price Target Raised to C$265.00/Share From C$250.00 by CIBC World
Gold Price Inches Higher as Powell Signals Patience
Gold prices rise above $2,360 after Powell’s Senate testimony indicates a cautious approach to rate cuts.
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