Gold hits record high

Fed, Gold

Gold hits record high as investors anticipate major US Fed rate cut

A softer US dollar ( GBPUSD=X) added strength to gold prices as investors awaited the Federal Reserve’s upcoming meeting, where the central bank is expected to cut interest rates. While markets remain divided over whether the Fed will reduce rates by 25 or 50 basis points (bp), recent developments have tilted the balance towards the larger cut.

Reuters on MSN · 12h

Gold hits all-time high on deeper Fed rate cut expectations

Gold prices surged to record highs on Monday, driven by a softer dollar and expectations of a larger interest rate cut by the U.S. Federal Reserve this week. Spot gold was up 0.4% to $2,585.54 per ounce,

ProPakistani · 5h

Gold Rate in Pakistan Hits Record High as it Races Towards Rs. 300,000 Per Tola Mark

After breaching the all-time high mark thrice in the last week, the price of gold in Pakistan soared to a record high of Rs. 268,000 per tola on Monday.

Analysis

Investing · 7h

Gold Hits Record as USD Slides; Euro, Pound in Uptrend on Fed Rate Cut Bets

Gold ( XAU/USD) hit a record high on Friday, bolstered by a weaker US dollar ( USD) and declining bond yields. Rising expectations of a substantial US interest rate cut this week fueled demand for safe-haven assets.

Seeking Alpha on MSN · 6h

Commodity Roundup: China's oil demand falls, gold hits another record high on rate cut hopes

Oil prices (CO1:COM) (CL1:COM) rose on Monday, adding to last week's gains, as markets hope for an interest rate cut by the U.S. Federal Reserve. However, disappointing economic data from China curbed an upside move as traders worried about demand in the world’s top oil consumer.

YAHOO!Finance · 3d

Gold hits record high with Fed rate cut on the horizon

Gold futures (GC=F) are touching new highs in Friday's trading session, boosted by expectations of a Federal Reserve interest rate cut coming next week. Lower rates often serve as a catalyst for the commodity market.

Barron's · 3d

Stock Markets Rise, Gold Hits Record High As US Rate Cut Nears

Asian markets mostly rose Friday while the yen sat around nine-month highs and gold hit a record after another healthy day on Wall Street as investors gear up for an expected US interest rate cut next week.

Reuters · 2d

Prospect of steeper Fed cuts boosts stocks, drives record gold prices

U.S. stocks advanced on Friday and gold continued to hit record highs as investors looked to whether the Federal Reserve might move more aggressively to cut rates at its policy meeting next week.

Wall Street Journal · 16h

Gold Edges Higher Amid Mild Dollar Weakness

Gold edged higher in the early Asian session amid mild dollar weakness, which typically makes the precious metal more affordable for buyers using other currencies.

The Jerusalem Post on MSN · 25m

Gold Steady at $2,580, Silver Climbs as Fed and FOMC Rate Cut Speculation Grows

Gold remains steady at $2,580 while silver rises amid growing expectations of a Fed rate cut and FOMC decisions driving precious metals demand higher.

Reuters on MSN · 2h

Prospect of big Fed rate-cut keeps gold at record levels

Gold prices extended gains to an all-time high on Monday, supported by a weaker dollar and the prospect of a big rate reduction by the U.S. Federal Reserve at its policy meeting this week. Spot gold was up 0.

The Express Tribune4d

Gold hits record high on global trends

In the international market, gold climbed $23 per ounce to $2,524, just shy of its recent record. Investors are expecting a ...

Jago News 241d

Gold price hits record high of Tk 1.29 lakh per bhori

The Bangladesh Jeweler’s Association, BAJUS, has raised the price of gold by Tk 3,581 to Tk 1,29,902 per bhori, ...

Gold prices hit record high: Why is the cost of the yellow metal rising?

GMT (7:40 pm IST), spot gold was trading at record levels, up 0.7 per cent at $2,576.48 per ounce. US gold futures rallied 1 ...

Business Recorder5h

Gold price hits fresh record high of Rs268,000 per tola in Pakistan

Gold prices in Pakistan maintained its upward trajectory on Monday in line with their increase in international rates. In the ...

3don MSN

Gold bulls set sights on previously dismissed record $3,000/oz milestone

Gold market bulls are locking in bullion prices surging to fresh records, with a milestone of $3,000 per ounce coming into ...

3don MSN

Boeing factory workers vote to strike; gold hits record high – business live

Rolling coverage of the latest economic and financial news, as analysts warn an extended worker strike could delay Boeing’s ...

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