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Gold, Fed
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.
CoinDesk
21m
Bitcoin, Gold May Be Sensing Monetary Debasement as Records Beckon
With both assets leading the market, here's a closer look at the factors driving their remarkable performance.
1d
Gold Surges Following Fed Decision
Gold prices climbed after the Fed’s rate decision, with after-hours gold futures and SPDR Gold shares both higher from being flat before confirmation of the cut.
1d
Gold hovers close to new high of $2,600 after Fed meeting
The yellow metal popped to a new record high of $2,600 on Wednesday before quickly falling back following the ...
2d
on MSN
Gold flat as investors focus on Fed verdict
Gold prices held their ground on Wednesday as investors weighed the chances of an outsized interest rate cut by the U.S.
19h
Harris is quickly gaining on Trump when it comes to the economy. Here’s why
While voters trusted Trump over Biden on the economy, a new poll finds Harris has closed the gap—and undecided voters prefer ...
1d
Trump-supporting hedge fund billionaire says he'll pull his money out of the market if Harris wins the election
Trump fundraiser John Paulson told Fox Business that he'll sell stocks, move to cash, and buy gold if Kamala Harris' ...
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