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Gold price rebounds above $4,340 as lower oil eases rate pressure - Kitco PM Report
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(Kitco NewsWire) - Spot gold and silver prices are sharply higher in late-afternoon U.S. trading Thursday, as a softer U.S. dollar, lower crude oil prices and easing Treasury yields helped precious metals extend their rebound after the Federal Reserve’s first rate hike in more than 3 years.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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