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Home News Forex & Commodities

Gold hits new record high on rising US Fed rate cut expectations, renewed Middle East concerns

admin by admin
May 20, 2024
in Forex & Commodities
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Gold prices reached a new all-time high in today’s trading session as the latest US inflation and retail sales data have fueled optimism that the Federal Reserve might implement at least two rate cuts this year. Additionally, renewed geopolitical tensions in the Middle East have further bolstered gold prices.

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Tags: Copper PricesGold pricesGold prices hit a new record highGold prices latest newsGold prices todayGold prices top storiesGold prices trending storiesLatest news on Silver pricesSilver pricesSilver prices latest newsSilver prices todaySilver prices top newsSilver prices top storiesSilver prices trending newsUS Fed rate cutWhy gold prices are rallyingWhy gold prices are rallying explained
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