PCE Report Triggers Gold Slide, Analyst Warns Fed Rate Cut Could Deepen Losses
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On Friday, Aug. 30, 2024, gold experienced a decline in value, coinciding with the U.S. Commerce Department’s release of the personal consumption…
UBS Raises Gold Price Forecast Amid Rising Central Bank Demand and Geopolitical Tensions
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UBS has raised its gold price forecast following a record surge in gold prices, driven by anticipated Federal Reserve rate cuts and…