Gold Hits Two-Week High on Fed Rate Cut Bets
Spot gold rises 0.6% to $2,341.15 per ounce amidst softer U.S. economic data and rate cut expectations Gold prices reached a two-week high on Thursday as weaker U.S. economic data fueled expectations of interest rate cuts by the Federal Reserve this year. As of 0512 GMT, spot gold increased by 0.6% to $2,341.15 per ounce, … Continue reading Gold Hits Two-Week High on Fed Rate Cut Bets
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