Fri, 12 Apr 2024 12:00:14 GMT
Gold reaches 2,400.00
Throughout this week, US inflation was revealed to be higher than expected, despite rising inflation was already expected. This indicates that the FED has to hike rates, which is strengthening the USD. However, this is not resulting in a decline of the price for gold, as markets now that the rising inflation signals a potential economical recession, if the