China Retail Sales (YoY) above forecasts (2.5%) in September: Actual (3.2%)

Oct 18, 2024

Gold price hits fresh record high, climbs above $2,700 mark

Gold price (XAU/USD) climbs above the $2,700 mark, hitting a fresh record high on Friday amid the expected interest rate cuts by major central banks and easing monetary policy environment.

China Retail Sales (YoY) above forecasts (2.5%) in September: Actual (3.2%)

Gold price hits fresh record high, climbs above $2,700 mark

China Fixed Asset Investment (YTD) (YoY) came in at 3.4%, above forecasts (3.3%) in September