Gold price exceeds US$4,500 with expectations of interest rate cuts in the US and geopolitical tension

by Marcelo Moreira

The price of gold surpassed the $4,500 per ounce (31.1 grams) in Asian negotiations this Wednesday (24), driven by the expectation that the Federal Reserve (Fed, American central bank) will continue to reduce interest rates next year, in addition to tensions between the United States and Venezuela.

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