What will happen to gold prices after the Fed cuts rates?
WEB2 days ago · September 17, 2024 / 1:46 PM EDT / CBS News. The Fed's first rate cut of the year, expected this week, could have an impact on the price of gold. Getty Images/iStockphoto. Investors have been ...
Gold Rises to Record After Fed Makes First Rate Cut Since 2020
WEB1 day ago · Goldpulled back from a record high after Federal Reserve Chairman Jerome Powellsignaled policymakers aren’t in a rush to aggressively lower interest rates following Wednesday’s half percentage ...
Goldman Sachs reiterates bullish view on gold prices amid Fed rate …
WEB2 days ago · Gold prices rose to an all-time high at $2,589.6 an ounce on Monday, supported by a weaker dollar and the prospect of a big rate reduction by the Fed. Markets are currently pricing in a 33% chance ...
Spot Gold Price Hits Record on Hopes of Imminent Fed Rate Cuts ...
WEBAug 16, 2024 · The price of spot gold climbed past $2,500 an ounce to a record on Wednesday. The precious metal has rallied more than 20% this year on anticipation that interest rates could eventually ease.
Fed Announces Big Rate Cut - The New York Times
WEB1 day ago · The Federal Reserve cut interest rates on Wednesday by half a percentage point. Here are some takeaways from the decision and from remarks by the Fed chair, Jerome H. Powell. The Fed’s decision ...
Fed rate-cut hopes keep gold near record levels | Reuters
WEBJul 18, 2024 · Gold prices eased on Thursday but stayed around record high hit in the previous session, as expectations of a September interest rate cut from the U.S. Federal Reserve continued to gather...
Gold climbs over 1% after Fed signals end of rate hikes
WEBDec 13, 2023 · Gold prices rose more than 1% on Wednesday after the U.S. Federal Reserve flagged an end to its interest rate hike cycle and indicated possible rate cuts next year.
Gold prices hit another record high after fresh U.S. data spurs Fed …
WEBApr 1, 2024 · Gold prices extended their rally and scaled to another record high on Monday, propelled by U.S. interest rate cut expectations and the metal’s appeal as a safe haven asset.
Gold Prices Gain After Fed Raises Rates - The Wall Street Journal
WEBJun 15, 2022 · Gold prices rose Wednesday after the Federal Reserve approved the largest interest-rate increase since 1994. Most-actively traded gold futures rose 1.4% to $1,838.10 a troy ounce in...
Gold (XAUUSD) Hits Record on Fed Cut Outlook and Geopolitical …
WEBApr 1, 2024 · Goldpared gains after hitting an all-time high as traders rethink the Federal Reserve’s rate-cutting path following solid US factory data. Bullion jumped to $2,265.73 an ounce earlier Monday, up...