Gold Prices Surge to Record High Amid US Unemployment Rate Increase: Fed Expected to Cut Interest Rates Soon

Gold Prices Surge to Record High Amid US Unemployment Rate Increase: Fed Expected to Cut Interest Rates Soon

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Gold prices rose to another record high, after data showing a rise in the unemployment rate in the United States reinforced expectations that the US Federal Reserve may begin cutting interest rates soon. Gold futures contracts achieved gains for the third week in a row, reaching more than 4% last week, and gold futures contracts … Read more

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