Gold at Two-Week Low, Copper Below $9,000/t Gold and silver prices have experienced significant declines, with gold reaching a two-week low, due to stronger U.S. economic data reducing expectations for interest rate cuts. This has led to a decrease in the probability of a September rate cut. Copper prices have also fallen below $9,000/t, driven by weakening demand outlook in China, particularly in the property sector. While physical gold demand may increase in India due to import duty cuts, the overall sentiment in the metals market remains bearish, with steel inventories in China rising and crude steel production declining. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts BOJ's Mixed Signals Leave Traders Puzzled READ MORE What Is the FED Hiding? READ MORE New Highs For Gold & Bitcoin: Monthly Wrap with Alan Hibbard READ MORE China's Growing Gold Appetite READ MORE Gold Prices Rise as Market Eyes Potential Fed Rate Cuts READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment