New record gold price

Jul 17, 2024 | Commodities, Latest News, Money Market

17.7.24 Gold hit a record high of US$2465 an ounce overnight. “It also benefits from lower interest rates, given the cost of holding the precious metal, as it bears no interest,” comments BNZ Markets. “Gold has rallied by close to 50% since late 2022, underpinned by demand from central banks, to diversify reserves and reduce […]

 


 

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