Metals Stocks: Gold Prices Higher As Traders Wait To Hear From Fed’s Powell

Gold prices traded higher on Wednesday, as Treasury yields slipped along with the dollar and investors around the world waited to hear from Federal Reserve Chairman Jerome Powell as the central bank's July policy meeting is set to conclude.

BING NEWS:
  • Gold hits one-month high as prospects for Fed cuts rise on softer US inflation data
    Gold prices firmed near one-month highs hit earlier on Thursday after a softer-than-expected core U.S. inflation print increased chances of two Federal Reserve rate cuts this year, with the first ...
    01/16/2025 - 12:49 am | View Link
  • Toronto stocks end higher as gold rallies
    Canada's main stock index edged up on Tuesday, helped by gains for financial and gold mining shares, but the move was limited as investors awaited a key U.S. inflation report this week.
    01/14/2025 - 8:15 am | View Link
  • Gold Rises as Traders Await Signals on U.S. Rate Cuts
    Gold prices rise despite a stronger U.S. dollar and prospects of fewer interest-rate cuts this year, with traders now in search of clearer signals over the future direction of monetary policy. Futures ...
    01/7/2025 - 12:12 pm | View Link
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