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MCX gold rate hits YTD high on renewed US Fed rate cut buzz
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 price today: MCX gold rate hits YTD high on renewed US Fed rate cut buzz
Following the US Fed rate cut buzz on soft US core inflation data, MCX gold rate registered gains during early morning deals on Thursday. Gold futures contract on Multi Commodity Exchange (MCX)m for February 2025 expiry opened flat at ₹78,
Gold Futures Settle Notably Higher
Gold climbs to over one-month high on weaker yields after US data
Gold prices rose to a more-than-one-month high on Thursday after the latest U.S. economic data pressured the Treasury yields further, following a soft core inflation reading this week that increased bets for a more dovish Federal Reserve policy.
Gold Futures Settle Notably Higher As Dollar Drifts Lower
Gold futures closed notably higher on Thursday, gaining for the third consecutive session, as the dollar and bond yields drifted
Gold Futures Rise on Weak U.S. Dollar, Economic Data
Gold futures rose on a weaker dollar and U.S. inflation data that marginally boosted optimism for monetary-policy easing by the Fed.
1d
on MSN
What gold assets offer the most liquidity to investors?
Some types of gold investments may be more liquid than others — and it can benefit you to know what those are.
2d
How Menē Gold Jewelry Is Making The Case For Financial Empowerment
Business is booming for Menē, the direct-to-consumer online jeweler selling 24kt gold jewelry by the gram, and clients are ...
2d
Gold: An Unusual 2024 Unlikely To Be Repeated
Gold showed strong growth in 2024, driven by central bank demand and currency diversification. See why I rate gold a "hold" ...
2d
on MSN
Rescuers try to free men trapped in South African gold mine with scores reported dead
The South African government has launched a rescue operation at an abandoned gold mine in the country’s North West province, ...
1d
on MSN
Rare Roman Gold Coins Worth $322,000 Found in Luxembourg
A hoard of Roman coins dating from the Fourth century and covering the reign of nine emperors has been found in northern ...
1d
Gold Surprisingly Resilient Despite Surging Dollar And Yields
Gold has demonstrated remarkable resilience in the face of a surging U.S. dollar and rising Treasury yields. The surge in the ...
18h
on MSN
Operator error blamed for elevator incident that led to death of guide at former Colorado gold mine
Authorities say an incident involving an elevator at a former Colorado gold mine that led to the death of a tour guide and ...
2d
Gold Star families devastated by Biden's botched Afghanistan withdrawal endorse Hegseth for SecDef
Gold Star families who lost loved ones during the Biden administration's botched withdrawal from Afghanistan endorsed Pete ...
1d
Societe Generale plans partial return to gold trading, sources say
Societe Generale , France's third-biggest listed bank, is planning a partial comeback to gold trading after quitting the ...
2d
Gold Miners Reaping A Record Cash Harvest
Cash harvesting sounds more like farming than mining but that’s the point reached by goldmining companies after three years ...
1d
on MSN
Does gold investing still make sense? Pros and cons to know for 2025
The price of gold soared past $2,700 per ounce in October 2024 — a record high that sparked widespread interest among ...
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