23 Hrs
Source:
المشهد العربي
Gold gains on weaker dollar and inflation outlook
Gold prices rose modestly as the dollar declined and investors awaited upcoming U.S. inflation data, particularly the core Personal Consumption Expenditures (PCE) index for July, which is a key measure of inflation and influences the Federal Reserve's policy outlook. These developments come amid growing expectations that interest rates will remain unchanged at the next meeting, as investors seek to understand future monetary policy directions.
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