Global gold prices rose during early trading on Friday, heading for their fourth consecutive weekly increase. The growing concerns about the weak US labor market overshadowed inflation fears ahead of a widely anticipated Federal Reserve interest rate cut next week. The price of spot gold rose by 0.5 percent to $3,651.92 per ounce, hovering near its …
The post Gold heads for fourth weekly gain amid rate cut expectations appeared first on Egypt Independent.
© 2025 Sedmasila All rights reserved.