Publisher: Maaal International Media Company
License: 465734
Wednesday, 7 May 2025
Gold prices rise to two-week high
Gold prices rose to a two-week high on Thursday after U.S. Federal Reserve Chairman Jerome Powell opened the door to an interest rate cut as soon as September.
U.S. gold futures rose 0.8 percent to $2,492.50.
Spot silver prices fell 0.3 percent to $28.94 an ounce, platinum fell 0.3 percent to $973.65 and palladium was flat at $925.16.
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