News list for "Gold jumps"

Gold prices hit another all-time high on July 16, as hopes for a cut in interest rates from the Federal Reserve continued to rise and some traders increased their bets on Trump's re-election as US president. Spot gold briefly hit $2451.44 an ounce, breaking the previous high set at the end of May. Signs of slowing US inflation have fueled speculation that the Federal Reserve will soon start cutting interest rates. Investors in various markets are also weighing the probability of Trump returning ...

2024-07-16 15:14:02