Gold rises as Fed rate-cut prospects dent dollar, yields
Gold prices extended their climb to a one-week high on Thursday after the U.S. Federal Reserve flagged an end to its tightening cycle and signalled lower borrowing costs in 2024, sending the dollar and Treasury yields tumbling. Spot gold was up 0.4% at $2,034.99 per ounce, as of 0806 GMT, after…
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