Archive · 9 Aug 2025

Global Stocks Gain on Rate Cut Hopes, Gold Futures Soar

Global Stocks Gain on Rate Cut Hopes, Gold Futures Soar

On Friday, the stock market and gold prices went up because investors think the government might cut interest rates.

Gold prices also rose due to worries about new tariffs.

President Trump chose Stephen Miran for a key role in the Federal Reserve, the group that decides interest rates.

There are also talks of a possible ceasefire between Russia and Ukraine.

Oil prices fell due to the impact of tariffs.

Sources