Gold prices record a standard level with US interest reduction expectations
rose Gold prices 2% to record a new standard level at 3747.08 dollars an ounce in instant transactions on Monday evening, while US futures went up to deliver December 1.9% to $ 3775.10.
Ascension came supported by increasing expectations of reducing American interest rates and the continued demand for safe haven amid political and geopolitical fog, especially the war in Ukraine." target ="_Blank"> The Federal Reserve The interest last week was reduced by 25 basis points, in the first step since December, indicating the possibility of an additional reduction. As for other precious metals, silver increased (2.1%) to ($ 43.99) an ounce, which is the highest level in (14) years, and platinum (1%) rose to (1418.61) dollars, while palladium jumped (3.3%) to (1186.71) dollars.
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