Tanjiro.Kamado
Active member
The gold prices rose to an all-time high in the Wednesday’s trading session as the sentiment for the interest rate cut in the future by the U . S Federal Reserve and declining dollar index lifted demand. Spot gold climbed 0. 5% to $2,480. As it ended today it was trading at $1,750 per ounce, although it earlier touched a high of $1,482. 29 earlier, U. S. gold futures added 0. 7% to $2,485. 30. These are achievable due to low yields and a lower dollar and bullish comments from Fed Governor Christopher Waller who hinted about a rate cut despite a vague economic outlook. Also, clearer numbers on industrial production in the U. S. factories also aided the boosting of the optimism in the market. The dollar fell 0. down to 5%, close to a four-month low and silver decreased by 1. 2% to $31. One per ounce, platinum rose by 1. 3% to $1,013. 07, and palladium also remained leveled at $959. 25. 
