Forex
globalreutersMay 15, 20241 Mins read
Gold price rallies to three-week high on inflation relief, Fed rate cuts heat up
globalreutersMay 15, 20241 Mins read Gold price extended its uptrend for the second straight day on Wednesday and hit a three-week high of $2,390 after data revealed by the US Bureau of Labor Statistics (BLS) showed inflation is ebbing, increasing the odds for a Federal Reserve (Fed) rate cut in 2024.
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