Gold Rises to Record After Fed Makes First Rate Cut Since 2020
WEB1 day ago · (Bloomberg) -- 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...
Gold Hits Successive Record Highs Ahead of Expected Fed Rate Cut
WEBSep 13, 2024 · (Bloomberg) -- Gold rose to another record high, building on Thursday’s surge of nearly 2% as traders added bullish wagers ahead of a widely expected Federal Reserve interest-rate cut next week.
Gold hits all-time high as Fed rate-cut hopes bolster appeal
WEBSep 12, 2024 · Gold prices rose more than 1% to hit a record high on Thursday, helped by expectations of an interest rate cut by the Federal Reserve next week after U.S. data signalled a slowing of the...
The price of gold is at a record high. Here's why | AP News
WEBAug 21, 2024 · This week’s record high means that the price of gold has climbed hundreds of dollars per Troy ounce over the last year. Tuesday’s price is up nearly $620 from this time in 2023. Why is the price of gold going up? There are …
Gold prices hit a record high. What's behind the surge?
WEBApr 12, 2024 · Investors drove gold prices to a record high on Friday, the latest surge in a 17% rally so far this year. Over that period, bullion prices have climbed more than twice as fast as the S &P 500, the index that most people's 401 (k)'s track.
Gold reaches record high today near $2,100 per ounce. Here's …
WEBDec 4, 2023 · Gold prices are hitting record highs, topping $2,100 per ounce on Monday as investors boost their holdings of the shiny metal as a hedge against global conflicts and expected rate cuts from...
Gold futures hit record above $2,460 on hopes Fed will soon cut …
WEBJul 16, 2024 · Gold rallied to record highs in the first half of 2024 on the back of a multi-year spike in demand from central banks around the world, as mounting global geopolitical risks boosted interest in...
Gold hits record high on buying momentum, geopolitical risks
WEBApr 9, 2024 · Gold hit all-time high of $2,365.09 per ounce. April 9 (Reuters) - Gold extended its record run on Tuesday fueled by buying momentum and geopolitical risks, while the spotlight shifted...
Gold price surges to record high - Financial Times
WEBMar 5, 2024 · Analysts say that gold’s record high is all the more striking given the surge in interest rates in recent years, with the Fed’s benchmark rate still at a 22-year high of between 5.25 per...
Why gold prices are at record highs | CNN Business
WEBApr 9, 2024 · The price of spot gold reached $2,364 per ounce Tuesday after hitting record highs for seven straight sessions and trading at $2,336 per ounce Monday. Year on year, gold is up 16.5%.