Gold Retreats as Middle East Tensions Ease Following Strikes on Nostr: Gold prices surge to a new all-time high on US rate-cut optimism =============== ...
Gold prices surge to a new all-time high on US rate-cut optimism
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#50bb159c ver:1.03
Gold prices surge to new all-time high on US rate-cut optimism, hitting $2,440.59/oz. Expectations of a Fed rate cut in September and increased geopolitical tensions have driven up demand for gold. Silver prices also rise to an 11-year high. Gold mining stocks benefit, but higher costs for producers. Analysts predict further increases, with Citigroup forecasting $3,000/oz and Goldman Sachs raising forecast to $2,700/oz by year-end. #GoldPrices #RateCutOptimism #SilverPrices...
#newstr #GoldPrices #UsRatecutOptimism #Inflation #GoldMiningStocks #NewmontCorporation #SilverPrices
https://here.news/story/50bb159c?ver=1.03
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#50bb159c ver:1.03
Gold prices surge to new all-time high on US rate-cut optimism, hitting $2,440.59/oz. Expectations of a Fed rate cut in September and increased geopolitical tensions have driven up demand for gold. Silver prices also rise to an 11-year high. Gold mining stocks benefit, but higher costs for producers. Analysts predict further increases, with Citigroup forecasting $3,000/oz and Goldman Sachs raising forecast to $2,700/oz by year-end. #GoldPrices #RateCutOptimism #SilverPrices...
#newstr #GoldPrices #UsRatecutOptimism #Inflation #GoldMiningStocks #NewmontCorporation #SilverPrices
https://here.news/story/50bb159c?ver=1.03