💨 Abstract

Gold and silver prices fell on Friday but are expected to see weekly gains due to increasing anticipation of further monetary policy easing by major central banks. Gold hit record highs this week, sparked by the Federal Reserve's half-percentage-point rate cut and China's stimulus measures. Gold prices are facing pressure from profit-taking, but analysts expect gold prices to reach $2,800 per ounce by the end of the year.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖