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Key Points Fed rate cuts could boost gold as lower rates decrease the opportunity cost of holding gold; Gold benefits from economic uncertainty, geopolitical tensions, and safe-haven demand beyond inflation;
Oil prices climbed in Asian trade on Friday to extend gains from hurricane-driven delays in production in the US Gulf of Mexico, putting prices on track to end the week
Oil prices traded higher on Thursday as prospects of supply disruptions from Hurricane Francine eased ongoing concerns over sluggish demand. November contract Brent crude oil futures rose 0.86% to $71.22
Key Points Gold’s Price Surge: Gold prices have risen by 22% in 2024, driving investor interest. Gold Stocks Advantage: Gold mining firms’ stocks can outperform physical gold due to amplified
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