Forex
globalreutersSeptember 23, 20241 Mins read
Gold holds gains on bets of more Fed cuts, Middle East tensions
globalreutersSeptember 23, 20241 Mins read Gold (XAU/USD) slightly retraces during the European session on Monday after being pushed up to a new all-time-high (ATH) of $2,631 earlier in the day, as markets continue to price in more aggressive interest rate cuts from the Federal Reserve (Fed) whilst rising geopolitical tensions stemming from the Middle East increase safe-haven demand for the precious metal.
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