Friday , 22 November 2024
Home Forex Gold price surges 1.50% as Fed holds rates, Powell’s emphasizes job market importance
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Gold price surges 1.50% as Fed holds rates, Powell’s emphasizes job market importance

Gold price edged higher during the North American session as traders estimate the Federal Reserve (Fed) will hold rates steady, but it would lay the ground for lower rates that were originally set higher due to an inflationary jump after the Covid-19 reopening.

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