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Stock markets rise, gold hits record high as US rate cut nears

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Gold hits fresh record above $2,200 on rate cut hopes

US and European stock markets extended gains, gold hit a record high and the dollar fell on Friday ahead of an expected US interest-rate cut next week. More data this week suggesting the Federal Reserve was winning the battle against inflation provided an extra kick for global equities after recent drops caused by worries of […]

The post Stock markets rise, gold hits record high as US rate cut nears appeared first on Insider Paper.

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