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Gold gains on US-China trade tensions, rate cut hopes

Gold prices rose on Friday and were on track for a weekly gain, as worries over renewed U.S.-China trade tensions and expectations of a rate cut by the Federal Reserve boosted demand for the safe-haven metal. Spot gold was up 0.4% at $1,408.62 per …Read more





Gold gains on US-China trade jitters rate cut hopes

Gold prices rose on Friday and were on track for a weekly gain as worries over renewed US-China trade tensions and expectations of a rate cut by the Federal Reserve boosted demand for the safe-haven metal Spot gold was up 04 at 140862 per ounce
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Gold steady as firm equities offset support from weak dollar rate cut hopes

Gold prices were steady on Thursday after hitting a one-week high in the previous session as gains in stock markets offset support from a weaker dollar and prospects of an interest rate cut The US trade deficit jumped in May and trade tensions
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Gold gains on Fed rate cut hopes trade worries

Gold prices advanced on Thursday as demand for the safe-haven metal rose on expectations of an interest rate cut by the US Federal Reserve following soft inflation data and on escalating trade tensions worried about the US-China trade war and
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Dow tops 27000 for first time on hopes for a rate cut

As a result expectations of an upcoming rate cut trade tensions and concerns about the strength of the global economy continue to weigh on the US economic outlook Powells testimony pushed stocks to record highs on Wednesday Gold also surged
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Gold gains as Fed rate cut expectations provide support

Reuters – Gold prices climbed to a weeks high on Thursday supported by expectations for an interest rate cut by the US Federal Reserve following soft inflation data although an uptick in equities capped gains Spot gold rose 05 to 134013 per
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Gold gains on US-China trade tensions rate cut hopes

Spot gold was up 04 at 140862 per ounce as of 0133 GMT Gold has risen nearly 06 so far this week US gold futures were up 02 at 1410 an ounce Gold prices rose on Friday and were on track for a weekly gain as worries over renewed US-China
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