Gold prices climb to 3-week highs as ‘soft’ U.S. data support rate cuts this year

May 10, 2024

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Gold futures were climbing sharply on Friday, looking to tally their first weekly gain in three weeks, as downbeat U.S. economic data supported the likelihood of Federal Reserve interest-rate cuts this year.

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Gold prices climb to 3-week highs as ‘soft’ U.S. data support rate cuts this year

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(3rd LD) 2 fishing boats run aground off Jeju, leaving 2 dead, 2 missing

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