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Gold Trims Monthly Gain on Bets for Measured Pace of Rate Cuts

Gold prices dipped on Friday, trimming this month’s advance, as Treasury yields and the dollar pushed higher after a key US inflation gauge reinforced bets that the Federal Reserve’s pace for rate cuts will be measured.


  • Aug 30 2024
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Gold Trims Monthly Gain on Bets for Measured Pace of Rate Cuts
Gold Trims Monthly Gain on Bets for Measured Pace of Rate Cuts
(Bloomberg) — Gold prices dipped on Friday, trimming this month’s advance, as Treasury yields and the dollar pushed higher after a key US inflation gauge reinforced bets that the Federal Reserve’s pace for rate cuts will be measured. Read More

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