LONDON, 20 August 2024 – Leading UK personal finance magazine MoneyWeek today quotes BullionVault data and comment in reporting the new record highs in global gold prices.
"Gold continues its momentum," says the magazine's latest update, quoting BullionVault's analysis, "[because] ahead of Friday's Jackson Hole speech, market consensus is for a more aggressive Federal Reserve rate cut, due to weaker US economic data."
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Source:
MoneyWeek
