Gold Boosted by Renewed US Rate Cut Hopes, Israel-Iran Ceasefire Talks Continue

Last Friday’s weaker-than-expected NFPs gave gold a boost on renewed US rate cut expectations. Further gains may depend on the outcome of ongoing Israel-Iran peace talks.

May 7, 2024 - 12:20
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Gold Boosted by Renewed US Rate Cut Hopes, Israel-Iran Ceasefire Talks Continue
Last Friday’s weaker-than-expected NFPs gave gold a boost on renewed US rate cut expectations. Further gains may depend on the outcome of ongoing Israel-Iran peace talks.

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