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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.
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 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.
13h
Gold hovers near record highs. Here's where analysts say it's headed next.
Gold ( GC=F) hovered near record highs Thursday, supported by the Fed’s jumbo rate cut and a weakening dollar. Analysts ...
5d
on MSN
Gold’s an ‘all-weather hedge against whatever happens next’ as Fed decision nears
Gold’s latest rally to record highs comes ahead of expected Federal Reserve rate cuts. It also could be an “all-weather hedge ...
1d
on MSN
Stock market today: Indexes edge up ahead of major Fed interest rate decision
Markets are pricing in with certainty that the Fed will deliver a rate cut this afternoon, the first in over four years.
Daily Maverick on MSN
1d
US equity futures rise as Fed cut boosts sentiment: markets wrap
Japanese stocks rose along with US equity futures after the Federal Reserve cut interest rates by half a percentage point and signalled further easing in the months ahead.
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