Thursday , 21 November 2024
Home Forex Gold price rallies to all-time high shy of $2,600 as Fed cuts 50 bps
Forex

Gold price rallies to all-time high shy of $2,600 as Fed cuts 50 bps

Gold price trades volatile within the $2,565-$2,587 range during the North American session after the Federal Reserve cut rates by 50 bps while expecting the fed funds rates to end in 2024 at around 4.4%, according to the median.

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