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Real gross domestic product (GDP) increased at an annual rate of 1.3 percent in the first quarter of 2024 (table 1), according to the "second" estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2023, real GDP increased 3.4 percent. The GDP estimate released today is based on more complete source data than were available for the ...
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Gold prices were down by 0.3 percent in the intraday session on Thursday, as the market positioned itself for the release of key US economic data. XAUUSD traded at $2,336 per ounce at the spot market, and touched an intra-day low of $2,322.66, the lowest point in two weeks. The downward momentum is likely to persist, as yields on US treasury bonds return to ...