Gold Climbs to New Heights Amid Economic Shifts

On Thursday, gold prices reached their highest since May. After the June U.S. Consumer Price Index report, a rise occurred, signaling potential September Federal Reserve rate cuts. Gold closed up by 1.77% at $2,421.90 per ounce on the Comex. Following the CPI announcement, the dollar weakened, boosting demand for gold and other secure assets like […]