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Stocks worldwide up on interest optimism, gold prices down
November 6th, 2023 - 10:14 GMT

Stocks worldwide up on interest optimism, gold prices down

ALBAWABA – Stocks worldwide rallied on Monday on hopes that central banks around the world will pin interest rates for the coming months after the United States (US) Federal Reserve (Fed) held the benchmark rate at its current 5-5.25 percent levels, as gold prices fell. Traders and investors are turning away from safe havens as risk appetite builds on the equities rally ignited by optimism that monetary tightening cycles are ...
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