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Gold Surges Above 4200 Dollars on Federal Reserve Rate Cut Expectations

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/gold-surges-above-4200-dollars-on-federal-reserve-rate-cut-expectations/Gold prices climbed Monday, trading comfortably above 4,200 dollars per troy ounce as investors positioned ahead of a potential United States interest rate cut in December. Markets now assign an 87 percent probability to a 25 basis point reduction following dovish signals from Federal Reserve officials and weakening economic data. The precious metal has traded […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/gold-surges-above-4200-dollars-on-federal-reserve-rate-cut-expectations/


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