Monday, August 24, 2026

Gold retreats as Fed rate hopes fade

Gold prices remain under downward pressure after United States President Donald Trump’s statement on the ongoing military campaign in Iran, which dampened hopes of an interest rate cut. Analysts predict a key support range of US$4,400 an ounce and 66,900 baht for the domestic price.

Source : https://www.bangkokpost.com/business/general/3229593/gold-retreats-as-fed-rate-hopes-fade

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