Gold prices settle at 3-week high as ‘soft’ U.S. data support rate cuts this year

by | May 10, 2024 | Stock Market

Gold futures climb sharply on Friday to settle at their highest in three weeks, as downbeat U.S. economic data supported the likelihood of Federal Reserve interest-rate cuts this year.

Article Attribution | Read More at Article Source

[mwai_chat context=”Let’s have a discussion about this article:nnGold futures climb sharply on Friday to settle at their highest in three weeks, as downbeat U.S. economic data supported the likelihood of Federal Reserve interest-rate cuts this year.nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
Share This