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(Photo: Reuters) Gold rate today: Following the market buzz on a steeper US Fed rate cut, the spot gold price climbed to a new peak of $2,589 per ounce, and the Comex gold price climbed to a new ...
If the Fed delivers the anticipated 50-bp cut, gold prices could surge past $2,600 per ounce, with projections ranging between $2,649.43 and $2,660.90. However, if the Fed opts for a more modest ...
with lower rates typically supporting higher gold prices. So, as the Federal Reserve prepares to cut rates, many analysts maintain a bullish outlook on gold. There are several factors to consider ...
Whether or not the 2024 White Sox ultimately set a new record for the most losses in a single season, there is no denying their performance this year has been a massive disappointment. The South ...
Comex gold jumped to record highs of $2,598.30 per troy ounce as the dollar fell to a one-week low amid optimism for a US Fed interest rate cut next week. Interest rate cuts and a weak US dollar ...
Sept 16 (Reuters) - Goldman Sachs reiterated its optimistic outlook on gold prices on Monday, citing central bank demand and the imminent interest rate cut from the U.S. Federal Reserve at its ...
Gold (GC=F) prices surged to a new record, driven by mounting expectations that the US Federal Reserve will announce a significant interest rate cut later this week. Spot gold rose 0.4% to a ...
17-18 meeting that’s widely expected to result in a rate cut of at least 25 basis points. Gold pared some of its increase during US trading hours.
U.S. gold futures fell 0.1% to $2,607.80. The dollar index eased 0.4%, making the bullion more attractive to buyers holding other currencies. "Fifty basis points rate cut (from the Fed ...