Gold prices steady after Fed policymakers back rate cuts

  • Posted on September 24, 2024
  • By Business News Today
  • 3 Views
Gold prices steady after Fed policymakers back rate cuts

Gold prices remained steady after reaching an all-time high, following comments from U.S. Federal Reserve officials supporting future interest rate cuts. Spot gold held near $2,625.52 per ounce, while U.S. gold futures slightly declined. The Fed's easing policy and geopolitical tensions in the Middle East also influenced market sentiments.
continue reading...

Author
Business News Today

You May Also Like