NEW YORK August 20. 2024 (Saba)- Gold prices stabilized on Monday, near the highest level recorded in the previous session, as expectations of a US interest rate cut next month boosted the attractiveness of the precious metal.
According to Reuters, spot gold fell 0.2 percent to $2,501.19 per ounce. Prices rose to an all-time high of $2,509.65 per ounce on Friday.
US gold futures rose 0.1 percent to $2,540 per ounce.
M.M
According to Reuters, spot gold fell 0.2 percent to $2,501.19 per ounce. Prices rose to an all-time high of $2,509.65 per ounce on Friday.
US gold futures rose 0.1 percent to $2,540 per ounce.
M.M
resource : SABA