Bitcoin surged to one-month highs following the Federal Reserve’s significant rate cut, while the yen and other major currencies remained stagnant. The Bank of Japan kept interest rates unchanged, affecting the yen’s recent gains. U.S. Treasury yields steepened, and economists predict further Fed rate cuts this year.
Gold Price Today: Gold prices drop by Rs 6,500/10 gm from record high level, silver at Rs 96,287/kg
Gold prices have significantly declined from their April peak due to easing geopolitical tensions and a US-China trade deal. MCX Gold June futures hit a
May 13, 2025