Gold posts record-high finish, lifted by Fed rate-cut hopes, Middle East violence

Date:

July 31, 2024

Gold futures settled sharply higher in Wednesday dealings, with prices teasing a fresh record-high finish, as expectations for a U.S. interest-rate cut in the coming months and violence in the Middle East lifted the precious metal’s investment appeal.

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Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Gold posts record-high finish, lifted by Fed rate-cut hopes, Middle East violence

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