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Gold Gains as Dollar Slides Following Moody’s US Downgrade
Gold rose as the dollar tumbled after Moody’s Ratings stripped the US of its last top credit rating due to ballooning debt and deficits.Most Read from BloombergAmerica, ‘Nation of Porches’Maryland’s Credit Rating Gets Downgraded as Governor Blames Trump NJ Transit Train Engineers Strike,
Gold heads for back-to-back gains with Moody's credit downgrade a source of 'investor angst'
"The Moody’s credit downgrade of the U.S. was a major source of uncertainty and investor angst to start the week and subsequently proved to be a bullish influence on gold as safe-haven money flows picked up considerably,
Gold prices dipped slightly after reaching a near two-week high, pressured by a stronger U.S. dollar but supported by ...
Still, gold's outlook remains generally positive given the economic pressures that loom over the US despite its trade truce ...
Investors will get the first chance to react to Moody’s downgrade of the U.S. credit rating late Friday over rising ...
Gold climbs past $3,300 as Fed rate cut bets grow; silver nears key $33.23 breakout amid safe-haven flows and market ...
Gold prices drifted higher on Monday, steered by a softer dollar and safe-haven demand after Moody's downgraded the U.S.
Bitcoin has surged to its highest price since January on the back of Moody's downgrade of U.S. federal debt.
The debt downgrade does nothing to impair the reserve currency status of the U.S. dollar. Given the massive short position on ...
On Friday, Moody’s, for the first time in its history, downgraded U.S. government bonds from the gold star rating of “AAA” to “AA1,” the silver medal equivalent. This wasn’t a total ...
Gold prices advance by over 0.50% and remain above the $3,300 mark as traders grow increasingly nervous about the United ...
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