Gold jumps to record above $2,460 an ounce on hopes Fed will soon cut rates

Rising expectations for a September rate cut following the latest inflation data bolstered demand for bullion.

Jul 17, 2024 - 06:00
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Gold jumps to record above $2,460 an ounce on hopes Fed will soon cut rates
Rising expectations for a September rate cut following the latest inflation data bolstered demand for bullion.