Gold skyrockets as stars align for Fed rate cuts
Gold Skyrockets As Stars Align For Fed Rate Cuts
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Thu, 09/12/2024 - 8:28pm
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BING NEWS:
- Gold skyrockets as stars align for Fed rate cuts
Gold prices powered higher on Friday, beating record levels, as a boost in bullish momentum fuelled by optimism that the U.S. Federal Reserve is on the brink of trimming interest rates was catalysed ...
09/13/2024 - 7:16 am | View Link - Gold Price Forecast: XAU/USD extends upside above $2,500 as Fed hints at September rate cut
The uptick of the yellow metal is bolstered by the speech by Fed Chair Jerome Powell, signalling that time has come for interest rate cuts starting this September. Fed Chair Jerome Powell ...
08/25/2024 - 1:03 pm | View Link - Gold subdued after record run as traders await cues from Fed
Reuters Graphics "We will not be surprised to see some consolidation/pull-back in the gold market as traders may be disappointed if the Fed only indicates a likelihood of a 0.25 bp rate cut and ...
08/19/2024 - 7:11 am | View Link - Investors are buying up gold stocks before the first US rate cut
Gold prices have just set a fresh record and are set to climb even further to $US2600 this year boosted by looming US interest rate cuts, a weakening dollar and ...
08/19/2024 - 5:31 am | View Link - Gold Price Forecast: XAU/USD holds above $2,500 amid persistent geopolitical risks, hopes for Fed rate cuts
The recent US Housing Starts added to concerns over the economy's strength and triggered the expectation of Fed rate cuts. Escalating geopolitical tensions boosts the safe-haven asset like Gold.
08/18/2024 - 1:01 pm | View Link - More
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