Yesterday's speculation that the Federal Reserve would cut interest rates in March did not materialize. This morning, gold prices opened on the market at $2027 per ounce, showing little change from the previous session's close. Today's gold price movement is expected to remain stable as investors have yet to find significant insights from the Federal Reserve's meeting minutes regarding interest rate policy changes.
Tonight, the US will release several key economic indicators, including the Manufacturing, Services, and Composite Purchasing Managers' Indexes (PMIs), along with initial jobless claims for the week. These data points will provide the Federal Reserve with insights into the economic health and are likely to influence short-term gold prices.
Tonight, the US will release several key economic indicators, including the Manufacturing, Services, and Composite Purchasing Managers' Indexes (PMIs), along with initial jobless claims for the week. These data points will provide the Federal Reserve with insights into the economic health and are likely to influence short-term gold prices.
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