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Gold prices react to US Fed rate cut
Gold pushes to new record, silver pops 2.5%, with Fed rate cut seen as bullish
Gold futures climbed to a fresh record high Thursday a day after the Federal Reserve launched its monetary easing cycle with a 50 basis points interest rate cut, which is seen as bullish for gold since lower borrowing costs benefit the metal,
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.
Gold gains as Fed begins deeper rate-cut cycle
Gold prices rose on Thursday after hitting a record high in the previous session, as the U.S. Federal Reserve delivered a super-sized interest rate cut.
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.
1d
Gold price today: Gold is down 0.08% today
The price of gold traded at $2,576.19 per troy ounce, as of 9 a.m. ET. That’s down 0.08% from yesterday’s gold price per ...
2h
Gold price dips Rs 10 to Rs 74,440, silver falls Rs 100 to Rs 90,900
Gold Price Today: The price of 24-carat gold dipped Rs 10 in early trade on Friday, with ten grams of the precious metal ...
10h
Here’s How Much Gold Price Has Increased in Pakistan in 2024
The price of gold in Pakistan has been on a consistent upward trend since the start of the year, gaining almost Rs. 50,000 ...
14d
Gold price today: Gold is trading at $2,517.49
The price of gold traded at $2,517.49 per troy ounce, as of 9 a.m. ET. That’s up 1.23% from yesterday’s gold price per ounce ...
eVnExpress on MSN
21h
Vietnam gold prices slip
Vietnam gold bar price dropped 0.24% to VND81.8 million (US$3,319.13) per tael Thursday morning, while globally the bullion ...
Newsable Asianet News on MSN
12m
Gold price FALLS on September 20: Check 22 and 24 carat rate city-wise
Gold rates declined in the domestic futures market Thursday morning, tracking weak global cues even though the US Federal ...
8h
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 ...
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