Gold Shines on Rising Fed Rate Cut Outlook

Sumber: Reuters | Editor: Wahyu T.Rahmawati

KONTAN.CO.ID - SINGAPORE. Gold prices edged higher on Thursday, trading not too far away from a record high scaled in the previous session, as rising anticipation of a U.S. interest rate cut in September boosted demand.

Spot gold rose 0.1% to $2,461.27 per ounce, as of 0218 GMT. Prices hit an all-time high of $2,483.60 on Wednesday. U.S. gold futures added 0.2% to $2,465.00.

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