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Gold prices react to US Fed rate cut
Gold gains over 1% as Fed begins deeper rate-cut cycle
Gold prices rose over 1% on Thursday as the U.S. Federal Reserve launched its monetary easing cycle with a half percentage point move, boosting bullion to an all-time high and just a few cents shy of the key $2,
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 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,
5h
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 ...
9h
Gold Reserve drops out of bidding for shares in Citgo Petroleum parent
Canadian miner Gold Reserve said on Thursday it has dropped out of a U.S. court-organized bidding for shares in oil refiner ...
FXEmpire.com
12h
Gold (XAU) Price Forecast: Could ECB and Fed Rate Cuts Propel Gold Higher?
Gold
prices advanced on Thursday, buoyed by market anticipation of a
rate
cut at the upcoming U.S. Federal Reserve meeting. Traders expect the
Fed
to deliver a 25-basis-point reduction ...
21h
Gold Price Outlook: How Fed's 50 Bps Rate Cut Will Drive 22K, 24K, 18K Yellow Metal In Coming Days?
In light of the progress on inflation and the balance of risks, the Fed decided to lower the target range for the federal ...
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.
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