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Gold Prices Rise as Fed Rate Cut Prospects Increase
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Gold prices rose as U.S. Treasury yields declined, increasing the likelihood of a Fed rate cut. Lower interest rates could reduce the appeal of non-yielding bullion. Market attention is on the U.S. core PCE report.
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How might a Fed rate cut impact other commodities?
How might the rise in gold prices affect the global economy?
What factors are influencing the U.S. core PCE report?
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