Asian markets rally with Wall St as rate hopes rise, AI fears ease
Asian markets rallied Monday and gold hit a record high as the latest round of US data boosted hopes for more interest rate cuts, while worries over AI spending also subsided.Gold, which benefits from lower US interest rates, hit a fresh record above $4,388, while silver also struck a new peak.
Asian markets rallied Monday and gold hit a record high as the latest round of US data boosted hopes for more interest rate cuts, while worries over AI spending also subsided.Gold, which benefits from lower US interest rates, hit a fresh record above $4,388, while silver also struck a new peak.
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