Gold prices stabilized largely today, Wednesday, while traders await further indications of the size of the interest rate cut that the Federal Reserve (the US central bank) may make in September. Gold in spot transactions rose 0.22% to $2,394 per ounce, and US gold futures rose 0.05% to $2,432.70.
Business
United States / Iran / Israel
Gold Prices Steady Amid Middle East Tensions and Fed Rate Cut Speculations
2024-08-07T11:14:42.178Z
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Gold prices stabilize as traders anticipate a Federal Reserve interest rate cut amid ongoing tensions in the Middle East. Explore how geopolitical factors are influencing precious metal markets.
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