Gold Wavers Near Record as Fed Delivers Expected Rate Cut
PositiveFinancial Markets

Gold prices are experiencing fluctuations as the Federal Reserve has lowered its benchmark interest rate by a quarter percentage point, with expectations of two more cuts this year. This move comes after significant pressure from the White House to reduce borrowing costs, which could stimulate economic growth. Investors are closely watching these developments, as lower interest rates typically boost gold's appeal as a safe-haven asset.
— Curated by the World Pulse Now AI Editorial System