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Gold shines, topping USD 2,600

Gold shines, topping USD 2,600

The price of gold continues its upward trajectory. Following the Fed’s first interest rate cut – by a full 0.5% – since 2020, the price of gold nudged USD 2,600 per ounce. Right now (as of 20 September 2024, 7:00 p.m. CET), gold is trading above USD 2,620. What lies in store?

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