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Fri, Dec 15, 2023 10:30 PM
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Gold investors swayed by inflation data and Federal Reserve comments ͏ ͏ ͏
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Gold investors swayed by inflation data and Federal Reserve commentsâÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â [GOLD PRICE LOGO]( WHERE THE WORLD CHECKS THE GOLD PRICE Gold Daily - December 15, 2023 [Gold Price Chart]( â±ï¸ Gold in 60 Seconds Current [Gold Spot Price]( $2,019.70 Happy Friday! We hope you've had a fruitful week of trading. In this [Weekly Market Wrap]( we take a closer look at the recent happenings in the gold market and the factors that influenced its performance. This week in the markets, gold prices experienced significant movement influenced by key economic events. The release of November's Consumer Price Index (CPI) report, showcasing inflation figures in line with expectations, didn't notably sway the market. However, the Federal Reserve's unexpectedly dovish tone during its meeting and Chair Jerome Powell's press conference significantly impacted investor sentiment. This dovish outlook, signaling a potential end to interest rate hikes, alongside projections of easing inflation through 2024, led to a surge in gold prices. The metal's price notably soared past the $2000/oz mark, reflecting investors' optimism about a lower interest rate environment in the near future. This week's economic news, particularly from the Federal Reserve and inflation data, played a crucial role in driving and sustaining gold's value in the market. [Read the Full Market Recap]( â [BUY GOLD & SILVER AT JM BULLION]( [Shadow] ð° Top Stories â ð¥ Gold Price RECAP: December 4 - 8 Gold prices have stumbled, tumbled, and fallen this week as key macroeconomic data appear to have weakened investors' recent certainty that the era of the Federal Reserve's aggressive rate hikes has come to an end. [Read More >]( â ð¥ Gold Price RECAP: November 13 - 17 On the way into the start of the holiday season for markets, gold prices are, again this week, in strength. Driven by a shift in expectations for the early 2024 interest rate environment and path, the yellow metal looks likely to close the trading week with a gain of +2%. [Read More >]( â [Shadow] [Twitter]( [Instagram]( Stay Informed - Get Our App! No longer want to receive these emails? [Unsubscribe](.
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