Gold Price Near 7-Week High as Fed Rate Cut Hopes and Soft Dollar Boost Prices.
Gold prices held close to a seven-week high on Friday, supported by expectations of more US Federal Reserve rate cuts in 2025 and a weaker dollar. Silver also remained firm, staying near Thursday’s record levels due to strong industrial demand. In India, 24-carat gold rose by ₹10 to ₹1,30,760 per …