Gold Price Outlook: Gold prices steady on hopes of US interest rate cut

Gold prices steady on hopes of US interest rate cut

Gold prices remain stable as the market eyes the Federal Reserve’s interest rate decision. US economic data releases are expected to provide more information. Traders anticipate interest rate cuts in the coming months. India’s platinum imports have increased due to loophole use. Silver fell, platinum fell slightly, palladium remained stable.

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Gold Silver Slip on Muted Spot Demand

Gold Silver Reports (GSR) – Gold prices fell in futures trade on Friday dragged by muted demand at the spot market. Silver also fell on reduced orders from industrial units and coin makers.

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Gold bulls Remain

Hard Pause Or Full Steam Ahead For Gold?

Gold Silver Reports (GSR ) – “Gold is in a nice uptrend and it looks like we are done with what looked like a fairly natural pullback. One big caveat is that in this run-up, the market has been overbought.

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