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Gold prices hit record $2,580
Gold prices near record, set for weekly gains on Fed rate-cut boost
Gold hovered near record levels on Friday and was on track for a weekly gain after the U.S. Federal Reserve's recent oversized interest rate reduction and on signs that further cuts were on the horizon.
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 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.
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 ...
AOL
2d
Gold is having a moment — but silver is poised for its own: Morning Brief
First, silver has slightly outperformed
gold
this year, but
gold
prices
are still elevated with respect to silver on a ...
4h
Philippines Gold price today: Gold rises, according to FXStreet data
Gold prices rose in Philippines on Friday, according to data compiled by FXStreet . The price for Gold stood at 4,626.48 ...
3d
Gold price today: Gold is up 0.29% today
The price of gold traded at $2,583.30 per troy ounce, as of 9 a.m. ET. That’s up 0.29% from yesterday’s gold price per ounce ...
14h
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 ...
Newsable Asianet News on MSN
5h
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 ...
cnbctv18
8h
World’s second largest gold buyers are back in the market
Gold prices gain when the US Federal Reserve cuts rates. Only one cut is through and there are more to come. Exchange traded ...
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