Metals Surge: Gold Soars Above $2,500 Silver Climbs as ADP Miss Sparks Fed Rate Cut Hopes The Jerusalem Post
Metals Surge: Gold Soars Above $2,500, Silver Climbs as ADP Miss Sparks Fed Rate Cut Hopes
The prices of precious metals surged significantly, with gold surpassing $2,500 per ounce and silver also experiencing a notable climb. This market movement was largely influenced by a disappointing ADP employment report, which has fueled speculation and hopes among investors that the Federal Reserve may consider cutting interest rates. The news has generated considerable attention, as it highlights the sensitivity of the metals market to economic indicators and central bank policies.