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 (XAU) Price Forecast: Bullish Outlook as Fed Rate Bets Cut Lifts Bullion
Bullion strengthens after the Fed’s surprise rate cut. Weakening U.S. dollar and looming rate reductions could drive gold prices toward $2,700.
Gold pushes to new record, silver pops 2.5%, with Fed rate cut seen as bullish
Gold futures climbed to a fresh record high Thursday a day after the Federal Reserve launched its monetary easing cycle with a 50 basis points interest rate cut, which is seen as bullish for gold since lower borrowing costs benefit the metal,
Gold gains over 1% as Fed begins deeper rate-cut cycle
Gold prices rose on Thursday after hitting a record high in the previous session, as the U.S. Federal Reserve delivered a super-sized interest rate cut.
US Fed rate cut drives gold prices to record high
Gold prices increased by 1.2 per cent to to a record high of $2,600.16 in response to the US Federal Reserve's an 50-basis point interest rate cut on Wednesday, with bullion expected to remain on an upward trajectory.
Gold rises to record after US Fed makes first rate cut since 2020
Gold witnessed a rise to a fresh record above $2,600 an ounce after the US Federal Reserve reduced its benchmark interest rate by a half percentage point. The US Fed move is being seen as an aggressive start to a policy shift aimed at bolstering the US labour market.
Factbox-How investors buy gold and what drives the market
Gold hit a record high above $2,600 per ounce on Friday, as the prospect of more U.S. interest rate cuts and global ...
Best Place to Buy Silver Eagles Online
The American Silver Eagle is the official silver bullion coin of the United States. The series is still running, having ...
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New Jersey law to exempt bullion from taxation in 2025
New Jersey governor Philip D. Murphy signed into law S721, which exempts sales of investment metal bullion and certain investment coins from sales and use tax. This success marks the culmination of a ...
Lidl worker caught in £316k 'gold bullion' scam' after pensioner targeted
Michael Sajid was sent a package after an 84-year-old woman was allegedly duped into posting it as part of a "gold bullion ...
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Germania Mint Silver Bars: A Trusted Investment
The Germania mint silver bars have a serial number on the bar and an identification code in the hologram to protect the bars ...
How to Invest in Silver (Updated 2024)
The most direct avenue to investing in physical silver is by purchasing bullion products such as silver bars, silver coins and silver rounds. Physical silver can be bought via mints and bullion ...
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The Royal Mint Selects Stack’s Bowers Galleries to Sell Historic First Strike Gold and Silver Bullion Coinage
In recognition of this historic offering, Stack’s Bowers Galleries is also waiving the Buyer’s Premium on these First Strike ...
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Best Gold Dealers
Many investors buy gold to diversify their portfolios and secure their investments in unpredictable markets. “Gold has been thought of as a store of value for thousands of years, and people ...
Imperial Ginseng enters into Merger Agreement to acquire One Bullion Ltd.
VANCOUVER, BRITISH COLUMBIA, Sept. 13, 2024 (GLOBE NEWSWIRE) -- (TSXV: IGP) (the “Company”) is pleased to announce that it ...