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Gold Price Consolidates Amid Geopolitical Risks, Reduced Bets for 50 Bps Fed Rate Cut
US Inflation Eases for Fourth Straight Month
Gold Regains Ground on Softer US Dollar, Yields
Gold Falls in Volatile Trading as Cooler Inflation Data Reduces Hopes of Deeper Rate Cut
Gold: Host of Tailwinds to Give Metal New Shot at ATH With $2,600 in Sight
Gold is “back to kill”! ANZ Bank predicts that the year-end gold price will rise to 2550 US dollars.
Gold futures reached a new record high in the near-month contract on Tuesday, as market optimism for the Fed's interest rate cut path was strengthened by the moderate and sustained inflation shown by the US Producer Price Index (PPI) data.