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.
Feedback
While most feedback will be posted if they’re on-topic and no longer abusive, moderation decisions are subjective. Printed feedback are readers’ occupy views and The Industrial Similar outdated doesn’t endorse any of the readers’ feedback.