4 Hrs
Source:
الكتائب اللبنانية
Gold gains following US rate increase
After the US Federal Reserve's decision to hold interest rates steady, the price of gold increased by more than 1% to reach $4,076.41 per ounce, as the dollar and Treasury yields declined, boosting the appeal of the precious metal as a safe haven. Although there was some opposition within the board, the decision supported expectations of continued gold gains, especially after its brief decline earlier.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)