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Gold, Fed
Gold breaks $2,600 barrier as Fed cut bets prolong historic run
Gold soared above the $2,600 level on Friday for the first time, extending a rally boosted by bets for further U.S. interest rate cuts, and rising tensions in the Middle East.
What will happen to gold prices after the Fed cuts rates?
Sustained demand from investors is also helping to drive the price uptick and will likely play a role in future price growth. As more investors buy gold to capitalize on its upward price trajectory (or gain access to the many other benefits it offers), the price of gold is likely to climb.
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.
10m
Gold rate today: Yellow metal climbs to a new peak on US Fed rate cut, weak US dollar. Experts see more upside
Spot gold price hit a new peak of $2,625 per ounce while the MCX gold rate ended at the ₹74,014 mark, ₹717 away from the ...
2d
Gold Surges Following Fed Decision
Gold prices climbed after the Fed’s rate decision, with after-hours gold futures and SPDR Gold shares both higher from being flat before confirmation of the cut.
3m
Post-rate cut bubble risks mean investors should buy bonds and gold, Bank of America says
With new easing cycle from the Fed kicking off, tech "bubble risks" are back, Bank of America strategist Michael Hartnett ...
1d
Gold hovers near record highs. Here's where analysts say it's headed next.
Gold ( GC=F) hovered near record highs Thursday, supported by the Fed’s jumbo rate cut and a weakening dollar. Analysts ...
14h
Bitcoin, Gold May Be Sensing Monetary Debasement as Records Beckon
Bitcoin has surged 7% in the past five days, breaking through $64,000 for the first time this month.Gold has hit all-time ...
1d
Gold hovers close to new high of $2,600 after Fed meeting
The yellow metal popped to a new record high of $2,600 on Wednesday before quickly falling back following the ...
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