Dollar rally pushes gold to near two-month low as traders await Fed cues
Nov 12 (Reuters) - Gold prices fell to nearly a two-month low ... Powell and other U.S. central bank officials. Following the Fed's recent decision to cut its benchmark interest rate by a quarter of a percentage point to the 4.50% to 4.75% range ...
Gold drops 1% to two-month low as US dollar marches higher
Several central bank officials are also scheduled to speak this week, including Fed Chair Jerome Powell. "At current levels we should start to see a pickup in physical demand, so expecting gold to bottom out in the $2,500-2,600/oz range," said UBS analyst ...
Gold prices edged up on Thursday but hovered at a three-week low, as market participants braced for an expected rate cut ...
Gold prices have fallen 2% so far this week as a strong dollar weighed on sentiments. US Fed's rate cut on Thursday ...
who has repeatedly threatened to pursue protectionist trade policies that would raise domestic prices and possibly undermine ...
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3 reasons why surging gold prices will climb another 8% by the end of 2025, Goldman saysGoldman expects the Federal Reserve to reduce the fed funds rate to the 3.25%-to-3.5% range midway through 2025. Since the ...
Gold nears critical support at $2,646 as inflation data and Fed remarks loom, potentially setting a bearish tone for XAU prices if the level breaks.
Both can be smart investments right now, experts say, but one option could make more sense for your portfolio.
Gold held steady on Wednesday as investors keenly awaited the outcome of a tightly contested U.S. presidential race.
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