Gold pops above $2,400 as tame inflation data lifts rate cut optimism (NYSEARCA:GLD)
2024-07-11
monsitj/iStock via Getty Images Gold futures rallied past $2,400/oz in Thursday’s trading following a surprise drop in U.S. consumer prices in June, raising hopes that the Federal Reserve will soon start cutting interest rates. The latest data from the Bureau of Labor Statistics showed a 0.1% decline in consumer prices,Continue Reading