Monday , 24 February 2025
Home Forex Gold price benefits from rate cut hopes and tensions in the Middle East – Commerzbank
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Gold price benefits from rate cut hopes and tensions in the Middle East – Commerzbank

The price of Gold rose to just under $2,470 per troy ounce this morning, approaching the record high of mid-July, boosted by comments made by Fed Chairman Powell on Wednesday evening, Commerzbank’s commodity analyst Carsten Fritsch notes.

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