East Asia

Gold prices climb to record high on US rate-cut optimism

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Gold edges higher; hovers near one-week low on tempered Middle East fears

Gold prices climbed to a record high on Monday (May 20) after US economic data last week cemented bets that the Federal Reserve could cut interest rates twice this year.

Photo of arifnsn arifnsn Send an email May 20, 2024
0 32 Less than a minute
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