7/FEB/2024 GOLD NEWS OF COMMODITY MARKET LIVE UPDATE BY THEPROFITGROWTH.COMGET FOR DAILY LATEST NEWS & BIG LEVEL PROFIT TO CONTACT US : 7037171600

Gold prices rangebound as rate cut fears persist.

Gold prices moved little on Wednesday but saw some relief as the dollar eased from three-month highs, although waning bets on early U.S. interest rate cuts kept the outlook for the yellow metal uncertain.

Bullion prices were battered by bets on higher-for-longer interest rates, especially following a slew of strong U.S. economic readings and hawkish comments from Federal Reserve officials. 

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