Gold Price Resilient as US Economic Expansion Impacts Yields

Wednesday, 28 February 2024, 19:55

Gold price holds steady around $2,030 amid a slight gain of 0.17%. The US Bureau of Economic Analysis (BEA) recent report indicating economic growth has led to the stabilization of gold price despite US yields being impacted by the expansion. Investors are closely monitoring the situation for potential implications on the precious metal market.
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Gold Price Resilient as US Economic Expansion Impacts Yields

Gold Price Stability in Face of US Economic Growth

Gold price remains steady near $2,030 on Wednesday, posting a gain of 0.17% after the US Bureau of Economic Analysis (BEA) revealed the country's economy expanded.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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