top of page
Laxmi Diamonds.png

US gold prices surge amid rate cut bets


US Spot gold climbs 0.3%, set for third weekly gain.October data influences Fed rate cut speculation.Treasury yields modestly up, reflecting Fed bets.Markets await Powell’s impact on gold’s path.


Gold prices are poised for a third consecutive weekly gain, buoyed by indications of cooling inflation and growing expectations of a U.S. rate cut. Spot gold increased by 0.3% to $2,042.58 per ounce early Friday, marking an approximately 2% weekly rise. U.S. gold futures mirrored this trend, also up by 0.3%.


For more Updates Do follow us on Social Media Facebook Page https://bit.ly/3blw5Rg Instagram https://bit.ly/3MsRHbP YouTube https://bit.ly/3LjGj2L Twitter https://bit.ly/3E9IO5U Linkedin https://bit.ly/3M17Xlk WhatsApp Group https://bit.ly/jewelbuzz2


15 views

Comments


bottom of page