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Gold prices react to US Fed rate cut
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.
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. Spot gold was up 1.3% at $2,
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.
5h
on MSN
Post-rate cut bubble risks mean investors should buy bonds and gold, Bank of America says
With new easing cycle from the Fed kicking off, tech "bubble risks" are back, Bank of America strategist Michael Hartnett ...
1h
Gold tops $2,600 barrier to wrap up big week, but correction could be coming
Gold futures tallied another new record, closing above $2,600/oz for the first time, with the consensus thinking that the ...
Bloomberg L.P.
6d
Gold Climbs to Another Record With Fed Rate Cut Expected in Days
Bullion climbed as much as 0.5% to a high of $2,589.70 an ounce, extending last week’s 3.2% gain, ahead of the
Fed
’s Sept. 17-18 meeting that’s widely expected to result in a
rate
cut of at least ...
Investing
13h
Gold prices rise after bumper Fed rate cut; copper upbeat on China stimulus
Investing.com-- Gold prices rose in Asian trade on Friday as the dollar fell following an outsized interest rate cut by the ...
8h
Big rate cut primes bubble risks, says BofA in seeing investment paths in bonds, gold
The Federal Reserve’s interest rate cut of 50 basis points may prime a bubble in risk assets, Bank of America says. Read more ...
CoinDesk on MSN
12h
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.
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