Gold Hits Weekly Low as Federal Reserve Adopts Hawkish Stance; Further Declines Expected

In a recent twist of events, gold experienced a decline, touching a one-week low as the Federal Reserve made a commitment to raise interest rates until annual inflation levels reach their 2% target. This announcement has left some market observers speculating that more challenges may lie ahead for the precious metal. The December contract, which…

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Gold Futures Maintain Winning Streak Amidst Federal Reserve’s Interest Rate Projections

Gold futures have been on an impressive winning streak for the past five days, a feat not witnessed since January, according to Dow Jones Market data. This remarkable ascent persisted even after the recent Federal Reserve announcement, further solidifying the market’s resilience. In its latest update, the Federal Reserve opted to keep its benchmark fed…

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Gold Prices Surge Amid Attention on Fed Meeting & Government Shutdown

Gold Prices Climb as Markets Anticipate Steady Fed Rates and U.S. Government Shutdown Fears On Monday, gold prices experienced an uptick, driven by market expectations that the Federal Reserve will maintain current interest rates during its upcoming meeting. Simultaneously, growing concerns regarding a potential U.S. government shutdown have amplified safe-haven demand for the precious metal….

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