Gold breaks below $4,500 as Fed Chair Warsh emphasizes price stability
Gold broke below $4,500 as Fed Chair Kevin Warsh stated price stability is the Fed's main focus, with Core PCE at 3.7% and the six-month rate at 4.1%, both above the Fed's 2% target. Gold had been near a three-month high around $4,600 before the pullback.
Detected & updated continuously · Source: Nebula
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@MasterCryptoHq
GOLD BREAKS BELOW $4,500 as Fed Chair Warsh says price stability is the “main focus.” Core PCE is at 3.7%, while the six-month rate is 4.1% - both above the Fed’s 2% target. The inflation fight started in 2021. Five years of rate hikes, QT and hawkish talk later, inflation https://t.co/o8XVPttYwX
@WEEX_Official
Nvidia beat earnings. Gold is near a 3-month high. And the Fed could decide what comes next. 👀 🔗 https://t.co/dyrNuXM37y $NVDA delivered $96.2B in Q2 revenue, but the stock quickly gave back much of its post-earnings jump. Meanwhile, gold is holding around $4,600, with all https://t.co/CfBwiLj3wP
@TreGet234
Lever up on gold and crypto ahead of the 10am ET Warsh speech and NFP revision.