Gold News – 10.Jun.2024

Gold News – 10.Jun.2024

XAUUSD GOLD EURUSD GBPUSD Forex Gold Master Arman Shaban

Gold News

Gold prices fell below $2,300 per ounce, the lowest in a month.

Strong US jobs data (272K jobs added in May) reduced expectations for an early Federal Reserve interest rate cut.

Likelihood of a September rate cut decreased from 70% to 50%.

China’s central bank paused gold purchases in May after 18 months of consecutive buying.

Investors await the Fed’s interest rate decision and key US inflation data due on Wednesday.

Author : Arman Shaban
To see more analyzes of Gold , Forex Pairs , Cryptocurrencies , Indices and Stocks , be sure to Follow and Join us on other Platforms :

– Public Telegram Channel
– YouTube Channel
– TradingView
– X (Twitter)
– How to join our FOREX VIP Channel ?
– How to join our Crypto VIP Channel ?
– CONTACT ME directly on Telegram


Leave a Reply

Your email address will not be published. Required fields are marked *