Gold Prices Surge To Record High Amid Rate Cut Expectations
Ricardo Evangelista saw gold benefiting “from the weakening of the dollar” (Representational) London: The price of gold soared Tuesday to a record peak, propelled by trader expectations of falling US interest rates in September as inflation cools. In late afternoon London deals, gold soared 1.7 percent to touch $2,463.80 per ounce, crushing its previous pinnacle…
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