Gold Holds Gains after US Rate Cut
Singapore, 19 Sep (ONA) —- Gold prices stabilized today after
hitting a record high in the previous session after the Federal
Reserve decided to cut interest rates significantly.
Spot gold was little changed at $2,562.85 per ounce, after
scaling a record high of $2,599.92 on Wednesday.
US gold futures fell 0.4% to $2,587.40.
The Federal Reserve began its easing cycle on Wednesday with a ...