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Gold Edges Up as US Inflation Data Boosts Rate Cut Expectations

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

The price of gold increased earlier this week after the latest inflation data reinforced expectations of the Fed reducing rates of interest. Spot gold saw its price hit $3,347.34 per ounce, representing a .1% increase. 

For now, gold traders are assured that no tariffs will be imposed on bullion. This helps to keep things steady within the market, and enterprises like GEMXX Corp. (OTC: GEMZ) will carry on their operations without having to…

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NOTE TO INVESTORS: The latest news and updates relating to GEMXX Corp. (OTC: GEMZ) are available in the company’s newsroom at https://ibn.fm/GEMZ 

About MiningNewsWire

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