Gold strikes fresh record high above $2,609

Gold strikes recent account excessive above $2,609

World Financial system

BSS/AFP

20 September, 2024, 02:40 pm

Final modified: 20 September, 2024, 02:43 pm

BSS/AFP

20 September, 2024, 02:40 pm

Final modified: 20 September, 2024, 02:43 pm

The value of gold rose to a recent account excessive of extra than $2,609 on Friday as the possibility of recent US interest rate cuts boosted establish a query to for the treasured steel.

The commodity jumped to as unprecedented as $2,609.74 per ounce, two days after the Federal Reserve slashed borrowing expenses for the first time for the reason that start of the pandemic and indicated that extra cuts had been seemingly.

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