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Gold prices react to US Fed rate cut
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,
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.
Silver has been outperforming gold this year — and may rise to its own record highs
Gold, with its rise to record highs this year, deserves attention — but so does its sister metal, silver, which has outperformed the yellow metal so far this year and may be gearing up for a significant rally that lifts prices toward all-time highs.
Gold Apollo, Lebanon
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 Apollo said on Wednesday, adding it had only licensed out its brand to the company and was not involved in the production of the devices.
Taiwanese Company Disavows Links to Exploding Pagers in Lebanon and Syria
Gold Apollo said it authorized its brand on the pagers that exploded in Lebanon and Syria but “the design and manufacturing” was ”solely the responsibility” of a Budapest-based company.
Pagers that exploded in Lebanon and Syria were made by a company in Budapest, Gold Apollo says
Taiwanese company Gold Apollo says that it authorized its brand on the pagers that exploded in Lebanon and Syria but that another company based in Budapest manufactured them.
Hidden Figures, Congressional Gold Medal
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 Congressional Gold Medal this week.
‘Hidden Figures’ honored with Congressional Gold Medals
Four pioneering Black women received Congressional Gold Medals for their contributions to early efforts at space exploration during a formal ceremony at Emancipation Hall in the U.S. Capitol, Wednesday.
'Hidden Figures' of the space race receive Congress' highest honor at medal ceremony
The hidden figures of the space race were recognized with Congress’ highest honor at a medal ceremony on Wednesday. The Congressional Gold Medal was presented to the families of Katherine Johnson, Dorothy Vaughan,
IIFL Finance, gold loan
India's IIFL Finance jumps 13% after cenbank lifts curb on gold loan business
Shares in India's IIFL Finance jumped about 13% on Friday, after the country's central bank lifted restrictions on the non-banking financial company's gold loan business, removing a key overhang on its financials and stock.
IIFL Finance surges over 10% after RBI lifts restrictions on gold loan business
Shares of IIFL Finance rose as much as 13 per cent to Rs 560.60 after the Reserve Bank of India ( RBI ) lifted restrictions on the company' gold loan business. The RBI had imposed restrictions on IIFL for disbursing gold loans on March 4.
IIFL Finance Soars 13% After RBI Lifts Ban on Gold Loan Segment | Growth & Expansion Plans | ET Now
AK Purwar from IIFL Finance talks about the RBI's decision to lift the ban on gold loans, the potential risks of credit downgrade and Fitch's concerns. He also discusses IIFL's growth plans and market strategy.
1d
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.
1d
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 ...
16h
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 ...
9h
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.
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.
WYMT
1h
Black Gold Festival honors beloved craft vendor
Since the start of the Black Gold Festival, Deloris Jean Jones has been present selling her goods at her stand, Granny’s ...
16h
Simone Biles says ‘not a big deal’ after video shows scoring inquiry snafu might have cost her gold
"Upsetting how it wasn't processed but I'm not mad at the results," Simone Biles said about the floor exercise final scoring ...
1d
Gold Miners Say They’re Now Disciplined as Dealmaking Heats Up
With gold prices at a record high, mining companies are back hunting for deals while trying to reassure investors that ...
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