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Gold jumps and industrial metals rally as US Fed signals upcoming interest rate cut

Monetary policy looks set to ease next month

Michael Quinn
Credit: Shutterstock

Credit: Shutterstock | Credits: Credit: Shutterstock

Gold has reached as high as US$2450 per ounce after the US Fed said an interest rate cut could be seen as soon as next month. The news saw industrial metals gain on the weaker US dollar trade. Copper...

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