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Gold Retreats as Middle East Tensions Ease Following Strikes /
npub187g…4guk
2024-05-20 10:04:43

Gold Retreats as Middle East Tensions Ease Following Strikes on Nostr: Gold Price Hits New All-Time High on US Rate-Cut Optimism and Weakening Dollar ...

Gold Price Hits New All-Time High on US Rate-Cut Optimism and Weakening Dollar
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#50bb159c ver:1.06

Gold price hits new all-time high on US rate-cut optimism and weakening dollar, reaching $2,440.59 per ounce. Expectations of a US interest rate cut and increased geopolitical tensions have driven the surge. Analysts predict further increases, with Citigroup forecasting $3,000 per ounce and Goldman Sachs raising its forecast to $2,700 per ounce. Silver prices also rise to an 11-year high. #GoldPrice #RateCutOptimism #WeakeningDollar #GeopoliticalTensions...

#newstr #GoldPrices #UsRatecutOptimism #Inflation #GoldMiningStocks #NewmontCorporation #SilverPrices #IranianHelicopterCrash #FederalReserve #InterestRates #UsEconomy

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