💨 Abstract

Gold reached an all-time high on Thursday due to the U.S. Federal Reserve indicating potential interest rate cuts this year and ongoing geopolitical and economic tensions. The precious metal gained 0.1% to $3,050.94 an ounce and is driven by market uncertainties, weaker U.S. dollar, and rate cut expectations.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖