4 sources • 4 verified points
Gold Slips as Investors Await Fed Meeting, Oil Rises and Higher-for-Longer Rate Expectations Persist
Gold prices fell at the start of Asian trading as investors awaited the Federal Reserve's monetary policy meeting scheduled for next week, looking for signals on interest rates. Reuters reported that gold dropped more than 1% as rising oil prices reinforced expectations that interest rates would remain high for a longer period.
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- The decline came at the start of Asian trading amid anticipation of the Federal Reserve meeting scheduled for next week.
«تراجعت أسعار الذهب في مستهل تعاملات الأسواق الآسيوية اليوم، وسط ترقب المشاركين في السوق لاجتماع السياسة النقدية لمجلس الاحتياطي الاتحادي»
صحيفة عاجل on MSN - Reuters reported that gold lost more than 1% of its value.
«Gold drops over 1% as oil rally reinforces higher-for-longer rate outlook»
Reuters - Rising oil prices reinforced expectations that interest rates would remain high for longer, according to Reuters.
«الذهب يتراجع أكثر من 1% مع صعود النفط ودعم توقعات بقاء الفائدة مرتفعة»
Reuters - One headline noted that concerns over Middle East tensions continue alongside the decline.
«تراجع أسعار الذهب مع استمرار المخاوف من توترات الشرق الأوسط»
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