XAUUSD surges past $2,600 following Fed rate cut and geopolitical turmoil
Gold prices soared above $2,600 per ounce, reaching a new peak as investors reacted to significant interest rate cuts by the Federal Reserve and rising geopolitical risks. The combination of these factors has bolstered gold's appeal as a safe-haven asset.
XAUUSD surges to record high amid rate cut expectations
Gold prices soared to a record high of $2,554.05 per ounce, driven by expectations of an interest rate cut by the Federal Reserve. This surge reflects a broader trend in precious metals, with other metals like palladium, silver, and platinum also experiencing significant gains.
Gold is currently trading above the key $2,500 level, driven by a weaker US dollar and rising expectations of Federal Reserve rate cuts. This environment has created optimism among investors as they await crucial US jobs data.
Gold prices soared above $2,600 per ounce, reaching a new peak as investors reacted to significant interest rate cuts by the Federal Reserve and risin...
Gold prices soared to a record high of $2,554.05 per ounce, driven by expectations of an interest rate cut by the Federal Reserve. This surge reflects...
Gold is currently trading above the key $2,500 level, driven by a weaker US dollar and rising expectations of Federal Reserve rate cuts. This environm...
The XAUUSD briefly reached $2,512 as the U.S. dollar strengthened on the back of stronger economic data on August 29th. ...
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