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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.
4d
Why gold prices are at all-time highs? Is further rise likely ahead of Diwali?
Gold prices hit record highs, with spot gold up 0.5% at $2,588.29 per ounce, driven by a weaker dollar and anticipated US ...
8h
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 ...
Hosted on MSN
11h
Grab This Gold Stock While It's Cheap
Gold prices have been in focus this week amid the Fed's highly anticipated September interest rate decision, with the central ...
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 ...
14h
Barrick Gold Corp. stock rises Thursday, still underperforms market
Barrick Gold Corp. closed C$1.23 below its 52-week high of C$28.67, which the company reached on September 13th.
7h
on MSN
Gold rate today: Yellow metal inches up; can it sustain gains? Experts unveil strategy for MCX Gold price today
MCX Gold for October 4 expiry opened at 73,619 per 10 grams on Friday. However, it pared gains quickly and traded 0.08 per ...
4h
on MSN
Base Metals Enjoy Strong Week With Boost From Fed, China Demand
Copper surged to a two-month high to cap a strong week for metals, helped by the Federal Reserve’s half-point rate cut.
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