News Formal

Gold price rises on softer dollar as market awaits more US data

  • 📰 mining
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 53%

इंडिया समाचार समाचार

इंडिया ताज़ा खबर,इंडिया मुख्य बातें

No 1 source of global mining news and opinion

Gold prices rose nearly 1% on Wednesday on a softer US dollar, with investors shifting focus to economic data due this week for fresh signals on the timing of the Federal Reserve’s rate cuts.

The dollar index, meanwhile, was down 0.2%, making bullion more attractive to buyers holding other currencies. The tech-heavy Nasdaq exchange also took a big hit on Wednesday. Investors are looking forward to the US GDP report for the second quarter due on Thursday, followed by last month’s personal consumption expenditures, for clues on the Fed’s interest rate cut path.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 449. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

3 advantages gold bars and coins have over other gold investment typesThere are several different types of gold you can buy. Find out why you should choose gold bars and coins now.
स्रोत: CBSNews - 🏆 87. / 68 और पढो »

Gold vs. Bonds and Stocks: Why Some Investors Choose GoldDespite its reputation as the king of precious metals, during good economic times, gold is not often thought of as an investment.
स्रोत: RollingStone - 🏆 483. / 51 और पढो »