Gold price today: suddenly rushed to a record level

โดย Pukaaa
Gold price today in the world ended the trading week at a record of 2,622 USD/ounce, up 32 USD compared to the lowest price in the trading session last night was 2,590 USD/ounce

The international gold market continues to heat as investors increase the expectation of the US Federal Reserve (Fed) to reduce interest rates in the remaining months of 2024 and can reduce 2 % interest points. In the next 2 years. From there, the value of the USD will weaken continuously, beneficial for gold prices.

However, the biggest risk of gold is a strong adjustment in the stock market, if countries with large economy grow weakly, raising their worries about recession. Investors may have to sell gold to supplement their capital to buy and sell stocks.
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Pukaaa
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