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Gold prices hit record $2,580
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 Prices Push to New Records Following Rate Cut
Gold futures and shares both climbed to new record highs after the Fed rate cut. Gold remains a safe haven for money and can be seen as more attractive as interest rates drop. Global turmoil looks to continue to provide gold with upward momentum,
1d
on MSN
How high will gold prices climb this October? Here's what experts think
Experts are bullish on gold for October, despite some market uncertainty. Here's what investors should consider now.
14h
Gold hovers near record highs. Here's where analysts say it's headed next.
Gold ( GC=F) hovered near record highs Thursday, supported by the Fed’s jumbo rate cut and a weakening dollar. Analysts ...
اخبار 24
1h
Gold rises, heads for weekly gains on monetary easing
Gold prices rose on Friday, maintaining an upward trend supported by the start of the Federal Reserve's easing cycle, which ...
1d
Thinking About Getting On The Gold Train? Think Again
Before jumping on the gold train, investors should consider some of the risks associated with owning the precious metal, ...
2d
Gold price today: Gold is down 0.20% today
The price of gold traded at $2,578.14 per troy ounce, as of 9 a.m. ET. That’s down 0.20% from yesterday’s gold price per ...
1d
Gold Miners Say They’re Now Disciplined as Dealmaking Heats Up
With gold prices at a record high, mining companies are back hunting for deals while trying to reassure investors that ...
5h
Philippines Gold price today: Gold rises, according to FXStreet data
Gold prices rose in Philippines on Friday, according to data compiled by FXStreet . The price for Gold stood at 4,626.48 ...
7h
on MSN
Gold Rates Today (20-09-24): check top city wise Gold prices in Delhi, Mumbai, Kolkata, Chennai
The gold price today in Kolkata is 6824 per gram for 22 karat gold and 7444 per gram for 24 karat gold. The Gold price today ...
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