Mon, 26 Aug 2024 13:39:41 GMT
Gold approaches all-time high
Despite declining on Thursday, the price for gold eventually found support in the 2,470.00 mark. Since then, a recovery has taken place. On Friday, the speech by Jerome Powell added strength to the recovery. By mid-Monday, the commodity price was approaching the all-time high levels near 2,530.00.
A breaking above the 2,530.00 level is expected to be slowed down by