Gold rises to highest level in half a century globally

The global price of gold surged to a level not seen in 46 years, particularly since 1979, with an ounce reaching US$ 4,413. This surge was driven by expectations of a US interest rate cut, which boosted investor confidence in the precious metal as a safe haven. In the local market, the price of a … The post Gold rises to highest level in half a century globally appeared first on Egypt Independent .