GLOBIA NEWS

GlobiaNews about global news and international news

Gold prices move upwards as change in federal interest rates

Gold Prices Move on Top as Dollar Weakens and Investors Anticipate Fed’s Move

The prices of gold increased on Tuesday due to the weakened dollar and treasuries. Additionally, the investor’s perspective on future Fed interest rates was taken into consideration. At spot prices, spot gold went up 0.6% to $1,988.29 per ounce by…