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Gold poised for 3rd weekly gain
Gold poised for third weekly gain on renewed hopes of Fed rate cuts
Gold prices hovered near a five-week high on Friday and were set for a third straight week of gains, as U.S. inflation data released earlier this week revived expectations that the Federal Reserve might cut interest rates more than once this year.
Gold Steady, Supported by Fed Rate-Cut Prospects
Gold was steady in the early Asian session, supported by prospects of Fed rate cuts that would bolster the allure of the non-interest-bearing precious metal.
Gold poised for third weekly gain as markets look to Trump inauguration
GOLD prices were pressured by an uptick in the US dollar on Friday (Jan 17), but remained on track for a weekly gain as uncertainties around incoming President Donald Trump’s policies and renewed bets of further rate cuts lifted bullion above the key US$2,
Mining
8h
Gold defied spent dollar
Since Election Day, gold has meandered within a trading range from $2,562 to $2,717. That is pretty darned impressive, as ...
12d
Gold Extends Drop After Fed Officials Express Inflation Concern
Gold held a decline as comments from Federal Reserve officials over the weekend reinforced the view the US central bank will ...
3d
Gold edges up on soft inflation print, US CPI in focus
Gold prices extended gains on Tuesday after U.S. inflation data came in slightly weaker than expected, giving investors faint ...
5h
Why gold is just a stone’s throw from fresh record highs
Gold has started the year off strong, with prices having already gained 5% since the end of 2024 and taking a shot at fresh record highs. Investors are betting on lower U.S. interest rates this year, ...
4d
Can Gold Prices Drop 30%?
Gold prices rose to the highest levels in around four weeks recently to $2,700 per ounce. Recent shifts in equity markets and ...
eVnExpress on MSN
7h
Gold prices gain as global rates hover near 1-month high
Vietnam gold bar price rose 0.34% to VND87.3 million (US$3,445.15) per tael Friday morning while global rates stood at their ...
11d
on MSN
Gold Investors Stay Bullish for 2025 on Trump Volatility
Money managers are seeing plenty of reasons to remain bullish on gold, following a stellar 2024 that saw the precious metal ...
5d
Stealth Fed Dollar Crisis Predicted To Spark A Bitcoin Price Boom To Rival Gold
Fear that inflation could return in 2025 has raised questions over the possibility of a stagflation scenario—predicted to ...
2d
Gold advances as softer core CPI data revives Fed easing hopes
Gold prices extended gains on Wednesday, as the dollar dipped after U.S. core inflation data came in softer than expected, ...
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