Gold rises on Fed rate-cut expectations, US inflation data in focus
By Rahul Paswan and Daksh Grover (Reuters) – Gold prices rose on Wednesday after comments from Federal Reserve Chair Jerome Powell raised expectations that the U.S. central bank is on track to lower interest rates soon, while investors awaited U.S. inflation data for more cues. Spot gold rose 0.6% to $2,378.25 per ounce by 12:36 …
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