XAUUSD & Brent decline after Fed cut and Trump win
The Federal Reserve's quarter-point rate reduction to 4.50%-4.75% influenced gold and oil prices. The rate cut aimed to sustain economic growth, while the new administration's policies may impact crude prices.
XAUUSD & BRN outlook ahead of US jobs report and US elections
Gold sees a healthy pullback ahead of the US jobs report and presidential election, while Brent rebounds to the mid-$70 range due to geopolitical tensions. The outcome of these events will likely influence the direction of both markets.
Gold remains above the $2,700 level, driven by safe-haven demand and expectations of Federal Reserve rate cuts. Geopolitical tensions and US election risks continue to influence market sentiment.
The Federal Reserve's quarter-point rate reduction to 4.50%-4.75% influenced gold and oil prices. The rate cut aimed to sustain economic growth, while...
Gold sees a healthy pullback ahead of the US jobs report and presidential election, while Brent rebounds to the mid-$70 range due to geopolitical tens...
Gold remains above the $2,700 level, driven by safe-haven demand and expectations of Federal Reserve rate cuts. Geopolitical tensions and US election ...
Gold
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