Gold Rises to Record High as US Data Support Deeper Rate Cuts --[Reported by Umva mag]

Gold rose to a record high after jumping more than 1% in the previous session, as weak US data bolstered the case for deeper rate cuts. Silver was near the highest in four months.

Sep 25, 2024 - 03:21
Gold Rises to Record High as US Data Support Deeper Rate Cuts --[Reported by Umva mag]
(Bloomberg) — Gold rose to a record high after jumping more than 1% in the previous session, as weak US data bolstered the case for deeper rate cuts. Silver was near the highest in four months. Read More




The following news has been carefully analyzed, curated, and compiled by Umva Mag from a diverse range of people, sources, and reputable platforms. Our editorial team strives to ensure the accuracy and reliability of the information we provide. By combining insights from multiple perspectives, we aim to offer a well-rounded and comprehensive understanding of the events and stories that shape our world. Umva Mag values transparency, accountability, and journalistic integrity, ensuring that each piece of content is delivered with the utmost professionalism.