Dollar Weakens Amid Rate Speculations, Gold Prices Reach All-Time High

Reported 3 days ago

Global stocks declined and bond yields in Europe surged as concerns over national finances escalated. The dollar saw gains while gold skyrocketed to a record $3,508.5 per ounce amidst anticipations of potential interest rate cuts by the Federal Reserve. As debates over governmental budgets loom in the U.S. and Europe, investors are cautious, reflecting in market volatility and significant currency movements.

Source: YAHOO

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