Gold rises to all-time high on dollar decline and rate cut expectations
Gold prices rose to an all-time high during trading on Friday, August 16, as the dollar weakened on growing expectations that the US Federal Reserve will cut interest rates in the -September, and with tensions in the Middle East raising demand for bullion. Spot gold rose 1.7% to $2,498.72 an ounce by 02:27 PM EST … Read more