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Gold prices react to US Fed rate cut
Gold rises to record after US Fed makes first rate cut since 2020
Gold, which tends to benefit from lower rates, rose as much as 1.2% before erasing gains after Fed Chair Jerome Powell said in a press conference that no one should see this as a “new pace.”
Gold marks fresh record high as inflation data ‘set the stage’ for Fed rate cut
Gold prices climbed to a fresh record high on Thursday, with inflation data this week providing support even as some analysts believe bets for a Federal Reserve interest-rate cut next week have been fully priced into the precious metal.
Gold Prices Push to New Records Following Rate Cut
Gold futures and shares both climbed to new record highs after the Fed rate cut. Gold remains a safe haven for money and can be seen as more attractive as interest rates drop. Global turmoil looks to continue to provide gold with upward momentum,
EconoTimes
38m
FxWirePro- Gold Daily Outlook
Goldhits fresh all-time high on weak US dollar.It hit a high of $2612 and is currently trading around $2605. The number of ...
14h
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 ...
1d
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.
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 ...
1d
on MSN
Gold retreats as dollar, yields climb after Fed's Powell comments
Gold prices slipped from all-time highs on Wednesday, as the dollar and Treasury yields rose on the back of comments from ...
1d
Stock Market Today: Dow climbs 100 points after Fed's historic rate cut of 50 basis points
The 2-year yield was little changed at 3.59% soon after the Fed's announcement, while 10- and 30-year Treasury yields ...
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