Gold prices climb to record high on US rate-cut optimism

Gold prices climb to record high on US rate-cut optimism

May 20, 2024 / Riah Marton /



Gold prices climbed to a record high on Monday (May 20) after US economic data last week cemented bets that the Federal Reserve could cut interest rates twice this year.

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Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

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