Latest Market News Today Live Updates September 7, 2024: Gold prices retreat from near record high as mixed US jobs data blurs US Fed rate cut hopes

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07 Sep 2024, 07:35:03 AM IST

Commodity News Today Live Updates: Gold prices retreat from near record high as mixed US jobs data blurs US Fed rate cut hopes

  • Gold rate today: According to the CME FedWatch tool, traders currently see a 73% chance of a 25-bps reduction US Fed rate and a 27% chance of a 50-bps rate cut

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