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Gold, which tends to benefit from lower rates, rose as much as 1.2% to $2,600.16 an ounce before erasing gains after Powell said no one should see this as a “new pace” at his press conference.
Investors have been keeping a watchful eye on gold's price trends over the past several months — and for good reason. The precious metal has been on an impressive bull run since the start of ...
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Gold hits new all-time high at $2,586 amid rising expectations of a significant Fed rate cut, with a 43% chance of a 50 bps reduction. US Treasury yields fall, US Dollar Index drops to 101.09 ...
(Bloomberg) -- Gold rose to another record high, building on Thursday’s surge of nearly 2% as traders added bullish wagers ahead of a widely expected Federal Reserve interest-rate cut next week.
Vice President Kamala Harris and former President Donald Trump sparred over issues including immigration, the economy and abortion during their first presidential debate in Philadelphia on Tuesday ...
Gold's rally continues, reaching a record high of $2,559 after breaking out of consolidation, with analysis pointing to potential targets including 2,724. Gold follows through to the upside on ...
Gold prices rose more than 1 per cent to hit a record high on Thursday, helped by expectations of an interest rate cut by the Federal Reserve next week after U.S. data signalled a slowing of the ...
Gold prices surged by ₹86 to ₹72,013 per 10 grams in futures trade on Thursday (September 12). This rise came as speculators built fresh positions amid robust spot demand. Globally, gold futures saw ...