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Spot gold stands at $2,720/oz, up 0.98% on the day

Spot gold stands at $2,720/oz, up 0.98% on the day

Bitget2024/12/11 19:40

Spot gold stands at $2,720 an ounce, up 0.98% on the day.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Traders bet that the Federal Reserve will cut rates at least once by the end of the year, with a possible reduction of 50 basis points.

The US Dollar Index fell by 0.25% on the 15th.

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