The Federal Reserves interest rate cut of 50 basis points inspired investors to push the price of gold to a 27-year high in the Comex division at the New York Mercantile Exchange at 3:26pm. The last time the price was higher was February 11th, 1980. Investors fearful of a weaker dollar and inflationary pressures are using gold as a currency hedge.
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4-18-2024
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They're saying F-U to Congress, essentially read more | digg story
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