The MarketReader Minute
⚡️XLE Sees Modest Rise Amid Surging Gold Prices, Oil Gains, and China's Rate Cut; USO and BOIL Track Energy Sector Strength | Energy Sector Insights
The Energy Select Sector SPDR Fund (XLE) has seen a price movement of +0.1% since Friday. Gold prices surged to record highs today, reaching $2,751.70 per ounce, amid escalating geopolitical tensions in the Middle East and uncertainties surrounding the upcoming U.S. presidential election.