News list for "Thursday gold prices"

Gold prices rebounded on Thursday, and factors such as the U.S. deficit and geopolitical risks are expected to contribute to its continued rise

On September 19th, the price of gold rebounded on Thursday. Alex Ebkarian, chief operating officer of Allegiance Gold, said: The market is considering deeper and more interest rate cuts because the United States has fiscal and trade deficits, which will further weaken the overall value of the dollar. If you combine geopolitical risks with the current deficit in the United States, the low yield environment, and the weakening of the dollar, all of these factors combined are what are causing gold t...

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2024-09-19 14:33:17
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