GREY:VITFF - Post by User
Post by
GoldenPolarBearon Jul 18, 2024 9:15am
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Post# 36138068
"... Gold clings to record high on growing US rate-cut bet
"... Gold clings to record high on growing US rate-cut bet "...
Gold clings to record high on growing US rate-cut bets..."
"...
Gold prices firmed on Thursday to hover near a record peak hit in the previous session, as traders ramped up bets of an earlier start to interest-rate cuts by the U.S. Federal Reserve, constraining gains in the dollar and Treasury yields. Spot gold was up 0.3% at $2,464.90 per ounce as of 1155 GMT, having hit an all-time high of $2,483.60 on Wednesday. U.S. gold futures also climbed 0.3% to $2,468.20.
This Victoria Gold stock is lost in the doldrums as GOLD has definitely spiked. Frustrating!
https://www.reuters.com/markets/commodities/gold-shines-rising-fed-rate-cut-outlook-2024-07-18/