Day: January 12, 2024

12.01 – Gold price climbs slightly above $2,050

gold image

Gold price (XAU/USD) has generated significant gains as investors are confident about an interest rate cut by the Federal Reserve (Fed) at its monetary policy meeting on March 20 – such a move would support non-yielding assets such as Gold. The probabilities of an early interest rate cut are assessed as firmer despite consumer price […]

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