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Gold, Fed
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.
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 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.
2d
Gold Down as Investors Await Fed Decision
Gold futures and gold ETFs are down, with investors backing off ahead of the Federal Reserve decision Wednesday. A cut of either 25 basis points or 50 basis points is expected. The anticipation lifted ...
18h
on MSN
Dollar slips in choppy trading as traders grapple with Fed's giant rate cut
Investor expectations had largely shifted towards a dovish outcome in the days leading up to the Fed's move on Wednesday, ...
1d
on MSN
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.
EconoTimes
13h
America’s roundup: Dollar slips in choppy trading, Wall Street ends higher, Gold gains, Oil ends higher
Market Roundup US Continuing Jobless Claims 1,829K 1,850K forecast, 1,843K previous US Current Account (Q2) -266.8B -259.0B forecast, -241.0B previous US Initial Jobless Claims 219K 230K forecast, ...
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