Gold prices dropped over 2% on Friday as the dollar strengthened and investors took profits following bullion’s record high earlier in the week, driven by increasing expectations of U.S. interest rate cuts in September. By 1422 GMT, spot gold had decreased 1.8% to $2,401.49 per ounce. Earlier, on Wednesday, gold […]
spot silver price
Gold prices surged over 1 per cent on Thursday, surpassing the $2,400 per ounce mark, following data revealing a surprise decline in U.S. consumer prices last month. This development heightened expectations for interest rate cuts by the Federal Reserve. Spot gold climbed 1.5 per cent to $2,406.99 per ounce by […]