Gold Price Forecast: XAU/USD rises as weak US data fueled dovish bets on the Fed

The XAU/USD Gold spot price experienced an impressive upward spike on Thursday, rising toward $1,985 and seeing a daily gain of 1.35%.
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GBP/USD edges higher amid US economic slowdown, expectations for Fed cuts

The Pound Sterling (GBP) clings to its earlier gains versus the US Dollar (USD) on Thursday as the economy in the United States (US) deteriorates further, warranting no additional tightening by the Federal Reserve.
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