After the Federal Reserve cuts interest rates, gold prices rise and silver hits a new high
After the Federal Reserve announced a divided vote on interest rate cuts, gold prices rose on Thursday, and silver reached a new high. Spot gold increased by 0.7% to $4,256.5 per ounce. February gold rose by $57.9 or 1.4% to $4,282.6 per ounce.
March silver prices increased by 4.4% to $63.7 per ounce.
March copper prices rose by 2.3% to $5.476 per pound.
January platinum prices increased by 3.8% to $1,710.8 per ounce.
March palladium prices rose by 2.6% to $1,525.5 per ounce
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