China stimulus, US rate cut bets lift gold, silver soars above $30 mark
By Harshit Verma (Reuters) – Gold prices, aided by China’s stimulus measures, looked poised to clock their second consecutive weekly gain on Friday on renewed hopes for U.S. interest rate cuts, with silver breaking the $30 barrier to hit an 11-year high. Spot gold rose 1.5% to $2,412.83 per ounce by 1745 GMT, closing in …
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