Gold Prices Hit All-time High as US Fed Cuts Rates | Vantage with Palki Sharma

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Gold Prices Hit All-time High as US Fed Cuts Rates | Vantage with Palki Sharma

The prices of bullion have hit an all-time high. Gold traded in international market at around $2,587 an ounce on September 20. The surge comes after the US Federal Reserve cut its interest rates for the first time since 2020. The interest rates were slashed by 50 basis points to 4.75 percent-5 percent. It positively impacted the India's Dalal Street. The stock market benchmarks - Sensex and Nifty -- jumped by more than a percent each. Further, the Indian Rupee surged to its two-month high gaining 2% against USD and closed at 83.562. The gold rate in India surged by Rs 450 per gram in the last two days while silver prices gained nearly Rs 1,800/kg.

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Gold | Gold Bar | Gold Price | Gold Rate | US | US Dollar | US Federal Reserve | Interest Rates | Firstpost | World News | News Live | Vantage | Palki Sharma | News

#gold #goldbar #goldpricetoday #goldprice #goldratetoday #goldrate #usa #usdollar #usfederalreserve #interestrates #firstpost #vantageonfirstpost #palkisharma #worldnews

Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.

The show is anchored by Palki Sharma, Managing Editor, Firstpost.

By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.

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