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Gold prices react to US Fed rate cut
Gold prices near record, set for weekly gains on Fed rate-cut boost
Gold hovered near record levels on Friday and was on track for a weekly gain after the U.S. Federal Reserve's recent oversized interest rate reduction and on signs that further cuts were on the horizon.
Gold Rises to Record After Fed Makes First Rate Cut Since 2020
Gold pulled back from a record high after Federal Reserve Chairman Jerome Powell signaled policymakers aren’t in a rush to aggressively lower interest rates following Wednesday’s half percentage point cut by the US central bank.
Gold pushes to new record, silver pops 2.5%, with Fed rate cut seen as bullish
Gold futures climbed to a fresh record high Thursday a day after the Federal Reserve launched its monetary easing cycle with a 50 basis points interest rate cut, which is seen as bullish for gold since lower borrowing costs benefit the metal,
2h
Factbox-How Investors Buy Gold and What Drives the Market
London is the most influential hub for the spot gold market, largely because of the London Bullion Market Association (LBMA).
2d
on MSN
How high will gold prices climb this October? Here's what experts think
Experts are bullish on gold for October, despite some market uncertainty. Here's what investors should consider now.
4h
on MSN
Commodity update: Gold hits new high above $2,600, crude oil eases
Gold touched record high levels on Friday, surging above $2,600 mark after the Federal Reserve started easing with a jumbo ...
2d
Gold price today: Gold is down 0.08% today
The price of gold traded at $2,576.19 per troy ounce, as of 9 a.m. ET. That’s down 0.08% from yesterday’s gold price per ...
17h
on MSN
Should you buy gold bars and coins as interest rates fall?
You may be able to get a discount if you buy gold in bulk now.
1d
on MSN
A gold mining town in Congo has become an mpox hot spot as a new strain spreads
Congo's South Kivu province is at the epicenter of the world’s latest mpox outbreak, in what the World Health Organization ...
2h
How I Use The Amex Gold To Travel The World For (Mostly!) Free
When I first started learning about points and miles, I was mostly interested in how to travel for free. There were a lot of ...
2d
Gold Apollo says Budapest-based BAC produces model of pagers used in Lebanon blasts
The model of pagers used in detonations in Lebanon were made by Budapest-based BAC Consulting, Taiwanese pager firm Gold ...
2d
Emily Gold, teen dancer on 'America's Got Talent,' dead at 17
Teen dancer Emily Gold, who was featured on the latest season of "America's Got Talent," was found dead Friday. She was 17.
1d
NASA's 'Hidden Figures' awarded Congressional Gold Medal for groundbreaking work
The Black NASA female mathematicians and aeronautical engineers referred to as the "Hidden Figures" were awarded the ...
2h
on MSN
Gold hits record high on weak dollar, Middle East tensions
Spot gold prices hit a record high on Friday as a weak dollar, expectations of more U.S. interest rate cuts and tensions in ...
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