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2024-06-26 16:54:43

Gold Prices in India Experience a Decrease on April 23 on Nostr: Gold Prices Under Pressure as U.S. New Home Sales Drop 11.3% in May =============== ...

Gold Prices Under Pressure as U.S. New Home Sales Drop 11.3% in May
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#14566990 ver:0.91

Gold prices continue to decline as US new home sales drop 11.3% in May, putting pressure on the precious metal. Hawkish remarks from Federal Reserve officials have strengthened the US Dollar and Treasury yields, while geopolitical tensions contribute to gold's safe-haven appeal. Traders await US economic data releases for further direction. Gold is expected to remain under pressure, with resistance levels at $2329.20 and $2337.78 potentially limiting upward movement. Breaking below $2310 could trigger significant selling. #GoldPrices #USHomeSales #FederalReserve #Geopolitics...

#newstr #GoldPrices #FederalReserve #Inflation #UsDollar #InterestRates #UsNewHomeSales

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