Gold prices fall after US interest rate cut ...Yemen

SABA NET - Economy
Gold prices fall after US interest rate cut
source : SABA NET ( Yemen ) () 76
Gold prices fell on Thursday after reaching their highest level in nearly a week, following a split within the Federal Reserve over its decision to cut interest rates. This division left investors uncertain about the pace of monetary easing next year. Meanwhile, silver reached another record high. Gold fell 0.2 percent to $4,221.49 an ounce by 0300 GMT in spot trading, after hitting its highest level since December 5 earlier in the session, according to Reuters.

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