Gold prices continue to reach new highs, European gold mining stocks rise broadly.

Jin10 data September 16 news, during the European trading session early, gold mining stocks in the UK, US, and South Africa generally rose, as gold futures closed at a historic high on Monday. On Tuesday morning, gold futures continued to hit new highs at $3731.9 per ounce. Despite the continued high demand for safe-haven assets, market observers are closely following the Fed's interest rate decision this week, with widespread expectations for a rate cut. IG Group analyst Chris Beaucham pointed out that a rate cut will become a favourable factor for gold, as it will suppress the dollar's performance, making it cheaper for investors holding other currencies to buy gold.

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