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Gold Price - Gold prices rise amid anticipation of Fed rate cut
10-07-2024 00:15
Gold prices continue to experience an upward trend, reaching 2368 USD per troy ounce, fuelled by growing market anticipation of a potential rate cut by the US Federal Reserve. As investors focus on upcoming US inflation data, gold remains a focal point of investment interest.
Gold Price Today: Gold prices remain flat in last 1 week, silver gains Rs 1,200
Gold and silver futures show mixed movements as markets react to Federal Reserve Chairman's statements. Analysts suggest potential bullish movement with specific resistance and support levels.