Tag Archives: Commodity prices

Gold, Other Metal Prices Rise as Coronavirus Risk Boost Hopes of Rate Cut By US Fed Reserve

Gold Rises 1% as Coronavirus Risks Boost Fed Rate Cut Hopes

Gold rose more than 1 per cent on Monday, rebounding from a steep decline across precious metals in the previous session, amid investor hopes the US Federal Reserve will cut interest rates to cushion the impact of the fast-spreading coronavirus. Spot gold gained 1.2 per cent to $1,603.19 per ounce by …

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