Gold prices set a new record high as traders anticipate potential Federal Reserve rate cuts, driven by inflation trends and geopolitical uncertainties.
Tag:
gold market
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The gold market is experiencing a period of volatility as investors grapple with mixed signals from the US economy and renewed geopolitical tensions in the Middle East. Following its first two-week decline of 2024, gold prices edged higher on Monday, reflecting this complex economic and political landscape.
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Central bank gold demand in the third quarter of this year fell short compared to the same period last year, but year-to-date…