MCX gold rate hits YTD high on renewed US Fed rate cut buzz

Gold hits one-month high as prospects for Fed cuts rise on softer US inflation data
Gold prices firmed near one-month highs hit earlier on Thursday after a softer-than-expected core U.S. inflation print increased chances of two Federal Reserve rate cuts this year, with the first likely in June.
Gold Steady, Supported by Fed Rate-Cut Prospects
Gold was steady in the early Asian session, supported by prospects of Fed rate cuts that would bolster the allure of the non-interest-bearing precious metal.
Gold price today: MCX gold rate hits YTD high on renewed US Fed rate cut buzz
Following the US Fed rate cut buzz on soft US core inflation data, MCX gold rate registered gains during early morning deals on Thursday. Gold futures contract on Multi Commodity Exchange (MCX)m for February 2025 expiry opened flat at ₹78,
Gold climbs to over one-month high on weaker yields after US data
Gold prices rose to a more-than-one-month high on Thursday after the latest U.S. economic data pressured the Treasury yields further, following a soft core inflation reading this week that increased bets for a more dovish Federal Reserve policy.
Gold jumps most since mid-December as mild inflation data revives rate cut hopes
Front-month gold futures surged to their largest gain in nearly a month, after U.S. core inflation data came in softer than expected, easing inflation pressures and renewing hopes that the Federal Reserve may implement multiple rate cuts this year after all.
Higher gold prices push TSX futures up
Futures for Canada's main stock index inched up on Thursday, tracking Wall Street counterparts, as higher gold prices propped ...
CBS News6d
What is the price of gold today?
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Gold: This Is Why Gold Ignores Treasury Yields
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Do 1-gram or 1-ounce gold bars offer more liquidity to investors?
But for investors who are new to precious metals, the choice between 1-gram and 1-ounce gold bars might seem trivial at first glance. After all, gold bars are gold bars, right? The reality, though, is ...
Gold rises Rs 10 to Rs 80, 630; silver jumps Rs 100 to Rs 95,600 per kg
Gold Price Today: The price of 24-carat gold rose by Rs 10 in early trade on Friday, with ten grams of the precious metal ...
The Express Tribune18h
Gold prices continue upward trend in global and local markets
The price of gold has increased again today in both global and local markets. In the international bullion market, gold per ounce increased by $13, reaching a new global price of $2703.
China is back to hoarding gold ahead of an uncertain time for its economy in Trump's second term
Goldman Sachs predicts gold could reach $3,000 per ounce by the second quarter of 2026 amid strong central bank demand.
Barrick Gold Is Attractively Priced And Has A Healthy Growth Profile
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