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News Forum - Fed’s rate cut sends gold soaring past US$2,200 per ounce


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Gold soared beyond US$2,200 per ounce for the first time, following the Federal Reserve’s decision to maintain its forecast of three rate cuts this year. The Federal Reserve seems undeterred by recent inflation increases. Early trading saw Bullion reach an unprecedented high before retreating slightly. Its meteoric rise since mid-February has been underpinned by enduring … …

The story Fed’s rate cut sends gold soaring past US$2,200 per ounce as seen on Thaiger News.

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