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Gold prices react to US Fed rate cut
Fed Delivers Large Rate Cut In Bid To Sustain Labor Market; Stocks, Gold Set New Record highs: This Week In The Markets
In its September meeting, the Federal Reserve cut interest rates by 50 basis points, lowering the target range to 4.75%-5%. This bold move defied most economists’ predictions, who had anticipated a more modest 25-basis-point reduction.
Gold breaks $2,600 barrier as Fed cut bets prolong historic run
Gold soared above the $2,600 level on Friday for the first time, extending a rally boosted by bets for further U.S. interest rate cuts, and rising tensions in the Middle East.
Gold Weekly Forecast: Large Fed rate cut paves way for new record-high
The near-term technical outlook suggests that XAU/USD is close to turning overbought.
Mining
3h
Gold lackluster after Fed
On the eve of this latest Federal Open Market Committee decision, gold closed at $2,568 just off the prior day’s latest ...
2d
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.
Money Metals Exchange
2h
GOLD: The All-Weather Investment
That’s been proven accurate, as stocks are down, the dollar is stronger, and yields are rising... yet gold is soaring.
8h
Bitcoin, Gold May Be Sensing Monetary Debasement as Records Beckon
Bitcoin has surged 7% in the past five days, breaking through $64,000 for the first time this month.Gold has hit all-time ...
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 retreats as dollar, yields climb after Fed's Powell comments
Gold prices slipped from all-time highs on Wednesday, as the dollar and Treasury yields rose on the back of comments from ...
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