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Gold prices trim some weekly gains on tempered rate cut hopes

UBS expects two 25-basis-point Fed rate cuts in 2024, starting in September, in-line with Fed funds futures markets pricing in 51 bps of cuts this year; April US retail sales weaker than expected, supporting view for soft landing

US 30-year fixed-rate mortgage averaged 7.02% as of May 16, down from 7.09% a week ago; 30-year FRM averaged 6.39% a year ago: Freddie Mac

Gold prices steady in Asian trade after overnight gains; gold prices near US$2,400 as CPI data puts rate cuts in focus

Cimpress Successfully Completes Repricing of Term Loan B and Lowers its Cost of Capital

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