20/08/2024 06:13
Gold is in record-setting form, topping $2,500 an ounce on expectations that the Federal Reserve is poised to cut US interest rates.
The precious metal’s 21% year-to-date surge has made it one of the best performing major commodities in 2024, and banks including ANZ Group Holdings Ltd. have said that there’s still scope for further gains.
Source: Bloomberg
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