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Gold 🪙 More than a 100years Data in Amibroker # Intraday Live XAUUSD 🪙 📉 in Amibroker …

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Gold News

Gold rose past $2,600 per ounce on Friday, hitting a new all-time high, as expectations of interest rate cuts and increasing geopolitical tensions enhanced the appeal of the precious metal. The Fed implemented its first interest rate cut since early 2020 on Wednesday, with a 50 basis point reduction while Fed officials projected that the benchmark rate would fall by another half percentage point by year-end. In the meantime, gold’s safe-haven status was further bolstered by escalating tensions in the Middle East, as Israel advanced toward the Lebanon border, raising concerns about a broader conflict.

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