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Gold Retreats as Middle East Tensions Ease Following Strikes /
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2024-05-20 19:06:38

Gold Retreats as Middle East Tensions Ease Following Strikes on Nostr: Gold Price Surges Near All-Time High Amid Fed Rate Cut Speculation =============== ...

Gold Price Surges Near All-Time High Amid Fed Rate Cut Speculation
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#50bb159c ver:1.08

Gold price surges near all-time high as traders bet on Fed rate cut. Bullion jumps 1.1% to $2,440.59/oz, driven by expectations of US interest rate cut. Inflation data and geopolitical tensions also support gold. Central banks increase gold purchases. Gold mining stocks benefit. Silver prices rise too. Citigroup predicts $3,000/oz, Goldman Sachs raises forecast to $2,700/oz. #GoldPrice #FedRateCut #Inflation #GeopoliticalTensions #GoldMining #SilverPrice...

#newstr #Gold #Fed #RateCut #Inflation #CentralBanks #UsDollar

https://here.news/story/50bb159c?ver=1.08
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