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Gold prices hit fresh highs amid US rate cut expectations

By Michele Maatouk

Date: Tuesday 20 Aug 2024

(Sharecast News) - Gold prices hit a new all-time high on Tuesday amid growing expectations of US rate cuts in September and after the People's Bank of China issued new import quotas.
Spot gold jumped above $2,525 an ounce earlier in the day, surpassing Friday's record high.

John Meyer, partner...

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