Gold prices rose more than 1% on Friday and were on track for their first weekly gain in four as signs of slowing inflation in the U.S. raised hopes of a rate cut later this year, while a stock selloff across Europe also lent support. Spot gold was up 1.2% […]
Gold rates today
Gold prices seemed set for a second consecutive weekly gain on Friday, boosted by China’s stimulus measures and renewed optimism about U.S. interest rate cuts. Silver also surged past the $30 mark, reaching an 11-year high. By 1745 GMT, spot gold had increased by 1.5% to $2,412.83 per ounce, approaching […]