Tag 'fedral reserve'

Gold breaks through the $2,100 barrier. Is it preparing for new price jumps?

Gold prices surged to $2,135 per ounce on December 4, 2023, before settling around $2,060, driven by a weakening U.S. dollar and expectations of lower interest rates from the Federal Reserve in 2024.

Continue ReadingGold breaks through the $2,100 barrier. Is it preparing for new price jumps?

CEO of Dahab Masr, Dr. Fady Kamel on his interview with Extra News: Will inflation data and the movement of interest rates affect gold prices globally?

Continue ReadingCEO of Dahab Masr: The continuation of supply chain crises and the repercussions of the Russian-Ukrainian war are stimulating gold prices to reach levels of $2,100 per ounce globally.

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