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926 Anticipated US rate cut boosts gold demand

KillerStartups
Ava Thompson @ KillerStartups · 08/27/2024 10:44 EDT

Anticipated US rate cut boosts gold demand

Major changes in the financial sphere are anticipated to cause a downward adjustment in the US interest rate in September. This anticipation has caused gold prices to rise and sparked concern among investors who are turning towards safer asset classes. As a result, the demand for gold has increased, as has the price. The anticipation of a ...

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