Forex
globalreutersAugust 16, 20241 Mins read
Gold price set to stay at around $2,500 by year-end – Commerzbank
globalreutersAugust 16, 20241 Mins read Gold (XAU/USD) touched a new all-time high on Friday. Upcoming interest-rate cuts by the Federal Reserve should continue to support prices, Commerzbank’s Commodity Analyst Carsten Fritsch notes, raising the forecast for Gold price to $2,500 per troy ounce at year-end from $2,300 previously.
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