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Gold Prices Surge on Rate Expectations
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Gold prices near record highs due to rate cut expectations, supported by Powell's testimony and key jobs data. Analysts predict no interest rate cuts in 2024, focusing on fighting inflation.
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How might the anticipation of interest rate cuts impact other financial markets?
In what ways could the fluctuations in gold prices affect consumer behaviors or business investments?
What factors could lead to a shift in the prediction of no rate cuts in 2024?
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