Gold Hits Near Three-Week High as Bill to End U.S. Shutdown Passes Senate

Gold hits near three-week high as bill to end U.S. shutdown passes Senate

Gold prices rose further on Tuesday to hit their highest level, helped by growing expectations of another U.S. Federal Reserve interest rate cut in December.

Gold gains for fourth day on softer dollar, Fed rate-cut optimism

GOLD rose for a fourth straight session on Wednesday, supported by a weaker dollar and expectations that the reopening of the US government and flow of economic data will strengthen bets for an intere...

Gold Extends Gains to Three-Week High Amid U.S. Rate-Cut Expectations

Gold prices climbed in both local and global markets on Tuesday, reaching their highest levels in about three weeks, supported by growing bets that the reopening of the U.S. government could revive economic activity and prompt the Federal Reserve to cut interest rates next month, according to a report by iSagha Gold & Jewelry Trading Platform.

Shutdown Ends: How Will Gold Prices React?

According to Reuters, the U.S. Senate on Monday approved a compromise deal to bring an end to the longest government shutdown in the country’s history. During the shutdown: → millions of Americans lost access to food assistance programmes; → hundreds of thousands of federal employees went without pay; → air travel was severely disrupted. The […] The post Shutdown Ends: How Will Gold Prices React? appeared first on Action Forex.