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Bookmarking Crypto InsightsFri, 30 Aug 2024 21:10:55 +0000en-US
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3232PCE Report Triggers Gold Slide, Analyst Warns Fed Rate Cut Could Deepen Losses
https://www.digit.info/pce-report-triggers-gold-slide-analyst-warns-fed-rate-cut-could-deepen-losses/
Fri, 30 Aug 2024 21:10:55 +0000https://www.digit.info/pce-report-triggers-gold-slide-analyst-warns-fed-rate-cut-could-deepen-losses/Read more]]>On Friday, Aug. 30, 2024, gold experienced a decline in value, coinciding with the U.S. Commerce Department’s release of the personal consumption expenditures (PCE) price index data. The PCE climbed by 2% in July, aligning perfectly with market expectations. During the day, gold hit a low of $2,495, but it later bounced back, crossing the […]
On Friday, Aug. 30, 2024, gold experienced a decline in value, coinciding with the U.S. Commerce Department’s release of the personal consumption expenditures (PCE) price index data. The PCE climbed by 2% in July, aligning perfectly with market expectations. During the day, gold hit a low of $2,495, but it later bounced back, crossing the […]
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