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Gold prices react to US Fed rate cut
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.
Gold Weekly Forecast: Large Fed rate cut paves way for new record-high
The near-term technical outlook suggests that XAU/USD is close to turning overbought.
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.
Mining
2h
Gold lackluster after Fed
On the eve of this latest Federal Open Market Committee decision, gold closed at $2,568 just off the prior day’s latest ...
Money Metals Exchange
39m
GOLD: The All-Weather Investment
That’s been proven accurate, as stocks are down, the dollar is stronger, and yields are rising... yet gold is soaring.
2d
on MSN
Commodity Roundup: Gold in tight range as Fed verdict looms, oil snaps two-day winning run
Gold prices moved in a narrow range on Wednesday as the U.S. Federal Reserve interest-rate decision, rate-cut outlook and Fed ...
6h
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 ...
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
on MSN
Stocks jump Thursday after Federal Reserve’s jumbo-sized rate cut
Stocks jumped Thursday morning as investors cheered the Federal Reserve’s eye-popping half-point interest rate cut.
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