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,
Gold ( GC=F) hovered near record highs Thursday, supported by the Fed’s jumbo rate cut and a weakening dollar. Analysts ...
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.
The yellow metal popped to a new record high of $2,600 on Wednesday before quickly falling back following the ...
Gold prices slipped from all-time highs on Wednesday, as the dollar and Treasury yields rose on the back of comments from ...
Markets are pricing in with certainty that the Fed will deliver a rate cut this afternoon, the first in over four years.
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