Gold Hits Record High as Fed Rate Cut Looms
Gold prices soared to unprecedented heights on Thursday, driven by a weakening dollar and anticipation of an imminent Federal Reserve interest rate cut. This surge reflects broader economic trends and geopolitical tensions, impacting various sectors of the commodities market. The precious metal’s December futures climbed $37.80 to reach $2,580.20 per ounce, surpassing the previous record […]