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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. Spot gold was up 1.3% at $2,
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.
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.
6m
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 ...
Money Metals Exchange
30m
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.
Bloomberg L.P.
5d
Gold Climbs to Another Record With Fed Rate Cut Expected in Days
Bullion climbed as much as 0.5% to a high of $2,589.70 an ounce, extending last week’s 3.2% gain, ahead of the
Fed
’s Sept. 17-18 meeting that’s widely expected to result in a
rate
cut of at least ...
CoinDesk on MSN
6h
Bitcoin, Gold May Be Sensing Monetary Debasement as Records Beckon
With both assets leading the market, here's a closer look at the factors driving their remarkable performance.
1d
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 ...
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