Gold Rises on Fed Rate-Cut Hopes

Gold prices are higher in early Asian trade amid hopes of coming U.S. Federal Reserve interest-rate cuts in 2024. The U.S. personal consumption expenditure index, the Fed’s preferred inflation gauge, fell 0.1% on month in November. The latest reading, which marked the first decline since April…#usfederalreserve #xinanfutures
Source: Reuters: Health - Category: Consumer Health News Source Type: news
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