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US Dollar Weakened: Gold Price Passes $2040

Summary by Ground News
The US dollar has continued to weaken over the last week, as safe-haven demand has catapulted the gold price beyond the $2040 mark. Indeed, the precious metal ended the week up more than 1.4%, and nearing the $ 2050 level. The price development has taken place despite high-interest rates and suspended potential for interest rate cuts.

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US Dollar Weakened: Gold Price Passes $2040

With the US Dollar weakened in recent weeks, Gold price has passed $2040 based on an influx of safe-haven demand

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watcher.guru broke the news in on Sunday, February 25, 2024.
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