Fed, gold
Gold gains over 1% as Fed begins deeper rate-cut cycle
Gold prices rose over 1% on Thursday as the U.S. Federal Reserve launched its monetary easing cycle with a half percentage point move, boosting bullion to an all-time high and just a few cents shy of the key $2,
Gold price benefits from Fed’s cut, buyers eye $2,600
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 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 Price Forecast – Gold Continues to Show Strength After Fed Rate Cut
The gold market rallied a bit in the early hours of Thursday, as the markets are trying to break higher again. After all, the market has to think about the interest rate situation, and whether or not the cut is a positive thing,
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,
Gold flat after bumper Fed rate cut
* U.S. gold futures fell 0.6% to $2,582.70. * The U.S. dollar rose broadly, recovering from an earlier tumble caused by the Fed's rate-cut decision. A stronger dollar makes gold more expensive for other currency holders.
Fed’s bumper rate cut fuels gold’s rally
Gold prices climbed 1 percent on Thursday after the US 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,
Gold Holds Steady as Fed Decision Looms
Gold was steady in the early Asian session, supported by hopes for a big rate cut at this week’s FOMC meeting.
Gold gains as Fed begins deeper rate-cut cycle
Gold prices rebounded on Thursday as the U.S. Federal Reserve launched its monetary easing cycle with a half point move, boosting bullion to all-time highs just a few cents shy of key $2,600 ceiling in the previous session.
Fed Rate Cuts Spell INSANITY For Gold & Silver Buyers | Bill Holter
Bill Holter warns of a looming economic crisis. Derivatives pose a major risk, currencies could collapse, and precious metals are a safe haven.
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Gold (XAU) Daily Forecast: Fed’s 50bps Rate Cut Pushes Gold Toward $2,570 Resistance
This larger-than-anticipated move highlights the Fed’s confidence in its progress toward the 2% inflation target, despite ...
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 ...
The Fed's rate decision shows its focus has shifted from inflation to the labor market
"The Fed is more worried about the labor market and less concerned about inflation at this point," a Glenmede analyst said.
Treasury yields nudge lower as investors assess speed of Fed rate cuts
Bond yields were a touch lower early Thursday, as traders continued to price in the prospects for further Federal Reserve rate cuts ...