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1. • • Given the Fed’s emphasis on sustained inflation control and cautious economic assessment, the outlook for gold remains mixed in the short term. While profit-taking has led to a temporary dip, the enduring appeal of gold amid geopolitical tensions and financial uncertainties supports a potentially bullish stance in the longer term.
     Reference:

     Gold Prices Forecast: Profit-Taking, Fed’s Cautious Tone ...

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   Why have gold prices reacted positively in recent days?

   • Similarly, Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities, also stated that gold prices have reacted positively in recent days due to expectations of sooner interest rate cuts, following a drop in US inflation data after a long period of sideways to higher rates.

   Gold's future hinges on Fed rate cuts and dollar weakening, says Emkay …

   www.livemint.com/market/commodities/golds-future-hinges-on-fed-rate-cuts-and-dollar-weakening-says-emkay-report-gold-prices-today-gold-outlook-11716288552588.html

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   Is physical gold a good investment in 2024?

   • As of April 30, 2024, physical gold has delivered a CAGR of 19.42 percent in a 12-month period and absolute returns of 6.78 percent (1-month period) during the month of April.

   Gold's future hinges on Fed rate cuts and dollar weakening, says Emkay …

   www.livemint.com/market/commodities/golds-future-hinges-on-fed-rate-cuts-and-dollar-weakening-says-emkay-report-gold-prices-today-gold-outlook-11716288552588.html

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   Is gold a good investment?

   • Historically, many people view gold as a hedge against inflation and currency fluctuations. Others see it as a store of value during economic downturns. At the same time, some may find diversifying a portfolio of stocks and bonds useful, given its low correlation to both assets.

   Gold price today: Gold is up 17.43% year to date

   www.usatoday.com/money/blueprint/investing/gold-price-05-21-2024/

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3. www.rttnews.com › 3449279 › gold-futures-settleGold Futures Settle Lower As Dollar Stays Firm Ahead Of Fed ...

   www.rttnews.com › 3449279 › gold-futures-settle

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   2 hours ago · Gold futures for May ended lower by $12.20 or about 0.5% at $2,421.70 an ounce, turning weak after two straight days of gains. Silver futures for May ended down by $$0.337 or about 1.05% at $31.868 an ounce, while Copper futures climbed to $5.1125, up $0.0335. Fed Vice Chair Philip Jefferson said on Monday that it is difficult to tell if the ...

4. www.usatoday.com › money › blueprintGold price May 21, 2024 - USA TODAY

   www.usatoday.com › money › blueprint

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   10 hours ago · It’s also difficult to pinpoint the direction of future price trends ahead of time. From the beginning of the year to May 21, 2024, the price of gold rose from $2,066.32 per troy ounce to $2,426 ...

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6. www.economies.com › commodities › gold-analysisGold price forecast update 21-05-2024 - economies.com

   www.economies.com › commodities › gold-analysis

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   11 hours ago · Gold price settles around the 2415.00$ level since morning, waiting to get a negative motive that assists in pushing the price to resume the negative trades, as we suggest the continuation of the bearish bias in the upcoming sessions. The targets begin at 2380.00$ followed by 2340.10$, reminding you that achieving these targets requires holding ...

7. www.fxstreet.com › news › gold-pulls-back-afterGold price retreats as central banks signal reluctance to ...

   www.fxstreet.com › news › gold-pulls-back-after

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   8 hours ago · Gold pulls back after touching a new all-time high. Gold price is correcting lower after touching an all-time high of $2,450 on Monday. Acute bearish divergence on the daily chart could indicate a ...

8. www.livemint.com › market › commoditiesGold's future hinges on Fed rate cuts and dollar weakening ...

   www.livemint.com › market › commodities

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   21 hours ago · Gold prices surged due to Middle East tensions and Fed's policy stance, but may face resistance at $2,370-$2,390 levels. Analysts suggest sustained levels depend on US rate cuts and dollar decline.

9. uk.finance.yahoo.com › news › economy-set-softEconomy set for ‘soft landing’ as IMF upgrades UK growth ...

   uk.finance.yahoo.com › news › economy-set-soft

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   21 hours ago · The IMF said: “With growth recovering faster than expected, the UK economy is approaching a soft landing, following a mild technical recession in 2023. “CPI inflation has fallen faster than was envisaged last year and is projected to return durably to target in early 2025.”. The IMF also said on Tuesday that “difficult choices” will ...