China s measures to stabilise the property market boosted metal prices. Industrial output grew in April, surpassing expectations. Expectations of a US Fed rate cut in September also fueled the rally. Amid this, Indian metal stocks soared, with Nifty Metal hitting multiple record highs in 2024.
Gold prices hit record high fueled by US rate cut speculation and geopolitical tensions. Spot gold price reached $2450.49 per ounce. Central banks continue to accumulate gold. Silver prices also surged to multi-year highs driven by investment and industrial demand.
his deficit reduction speech admitted as much, that it had to be tackled. it s a dicy proposition to tackle it because it s so unendingly complicated. both sides have different ways of tackling it. you can t spend it much. it s one of the long-term deficit drive zblirz do you think americans have an appetite for that? theoretically they want to bring down costs but do they want to pay more potentially for their health services? politically it s such politically dicey territory. we really have reached the point where this $14.3 trillion deficit is unsustainable and americans realize they really did vote in the congress to do something about it. okay. all right. maureen farrell with forbes. thank you. thank you. a man decide today s spend a month in a glass apartment in the middle of a shopping mall. what s the point of it all? you ll find out in a moment here on msnbc saturday. ve something for pain?