BUSINESS

Clarity on Fed hikes may drive gold up to $2,050 per ounce

Business, Nareerat Wiriyapong, Published on 14/09/2023

» The price of gold could rise as high as US$2,050 per ounce from $1,910 at present as soon as it becomes clear that the US Federal Reserve has finished its interest rate hike cycle, which is likely to happen next year, says the World Gold Council (WGC).