Gold Prices Surge Nearly 3% to 5 Year High At $1,385/oz After Fed Turns Dovish | WHAT REALLY HAPPENED

Gold Prices Surge Nearly 3% to 5 Year High At $1,385/oz After Fed Turns Dovish

Gold prices surged nearly 3% to a high of $1,385/oz, their highest in more than five years today after the U.S. Federal Reserve adopted a more dovish tone. The Fed signaled possible interest rate cuts this year which sent risk assets higher, U.S. Treasury yields and the dollar lower.

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