![](https://www.livemint.com/lm-img/img/2024/08/08/1600x900/Gold_price_1723134110955_1723134111391.jpg)
Gold climbs over 1% on demand, hopes for Fed rate cuts; silver up 1.8%
Gold prices climbed over 1% on Thursday, driven by strong safe-haven demand and increasing anticipation of a significant interest rate cut by the U.S. Federal Reserve in September. Spot gold rose 1.3% to $2,413.19 per ounce by 1338 GMT, poised to break a …