Gold, Fed
Fed's bumper rate cut fuels non-yielding gold's rally
Gold prices climbed 1% on Thursday after the U.S. Federal Reserve embarked on an easing cycle by slashing interest rates and powering bullion to all-time highs, coming just a few cents shy of $2,600 in the previous session.
Gold Rises to Record After Fed Makes First Rate Cut Since 2020
Gold pulled back from a record high after Federal Reserve Chairman Jerome Powell signaled policymakers aren’t in a rush to aggressively lower interest rates following Wednesday’s half percentage point cut by the US central bank.
Gold rises as Fed cuts rates, signals start of easing cycle
Gold prices advanced on Thursday after the Federal Reserve (Fed) embarked on an easing cycle with a 50-basis-point (bps) rate cut. Traders ignored the rise of US Treasury yields, which correlate inversely to the non-yielding metal, which remains on its way toward reclaiming $2,600. At the time of writing, XAU/USD trades at $2,589, up over 1%.
Gold gains as markets gear up for Fed's interest rate verdict
Gold prices gained on Wednesday, as investors awaited for the Federal Reserve to start its U.S. monetary easing cycle for the first time in over four years. Spot gold rose 0.3% to $2,577.75 per ounce as of 9:30 a.
Gold hovers near record high as traders navigate Fed’s giant rate cut
GOLD prices steadied near record highs on Friday (Sep 20) and were poised for a weekly gain, as markets adjusted to the US Federal Reserve’s recent super-sized interest rate reduction and signs that further cuts were on the horizon.
Gold pushes to new record, silver pops 2.5%, with Fed rate cut seen as bullish
Gold futures climbed to a fresh record high Thursday a day after the Federal Reserve launched its monetary easing cycle with a 50 basis points interest rate cut, which is seen as bullish for gold since lower borrowing costs benefit the metal, which does not pay any interest.
Gold gains as Fed begins deeper rate-cut cycle
Gold prices rose on Thursday after hitting a record high in the previous session, as the U.S. Federal Reserve delivered a super-sized interest rate cut.
S&P 500, Gold Strike All-Time Highs, Small Caps Rally After Fed Slashes Interest Rates For First Time In 4 Years (UPDATED)
This story has been updated with additional information. Markets are bouncing Wednesday afternoon following the Federal Reserve’s decision to cut rates by 0.5%, marking the beginning of the central bank’s highly anticipated cutting cycle.
Fed cuts interest rates: Indian stocks, rupee, and gold prices likely to benefit on September 19
The stock market, Indian rupee, and gold price are all likely to do better following the much-anticipated rate cut by the Fed in the US. Here’s why optimism may be warranted
Goldman Sachs reiterates bullish view on gold prices amid Fed rate-cut hopes
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 policy meeting this week.
Robert Kiyosaki: Bitcoin, Gold, Silver to Soar as Fed Cuts Rates
Robert Kiyosaki predicts that Bitcoin, gold, and silver prices will soar as the Fed cuts interest rates, urged investors to buy real assets.
US Fed slashes rates by 50 bps: What does it mean for America and the global economy?
The US Federal Reserve’s decision to cut interest rates by 50 basis points, bringing the benchmark rate between 4.75 per cent ...
Gold Price Outlook: How Fed's 50 Bps Rate Cut Will Drive 22K, 24K, 18K Yellow Metal In Coming Days?
In light of the progress on inflation and the balance of risks, the Fed decided to lower the target range for the federal ...
Commodity Roundup: Gold in tight range as Fed verdict looms, oil snaps two-day winning run
Gold prices moved in a narrow range on Wednesday as focus turned to the U.S. Federal Reserve's interest-rate decision and Fed ...
Oil prices fall on mixed storage report ahead of Fed decision
Oil prices fell on Wednesday as the market cautiously awaited a rate cut announcement from the Federal Reserve, while ...