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globalreutersSeptember 13, 20241 Mins read
Expectations of aggressive Fed rate cuts propel Gold – Commerzbank
globalreutersSeptember 13, 20241 Mins read Gold price surpassed its previous all-time high and reached a new record level of $2,570 per troy ounce on Friday, supported by expectations that the US Federal Reserve will cut interest rates aggressively, Commerzbank’s Commodity Analyst Carsten Fritsch notes.
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