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Gold extends gains on Fed rate cut
Gold regains ground on dollar's retreat as markets await Fed rate decision
(Reuters) -
Gold
prices rebounded from a three-week low on Thursday on the back of a weaker
dollar
and as investors awaited the U.S. Federal Reserve interest rate decision later in the day. Spot
gold
was up 1.5% at $2,697.67 per ounce as of 1:10 p.m. EST ...
Gold Edges Higher, Supported by Fed Rate Cut
Gold edged higher in the early Asian session, supported by the Fed’s rate cut overnight, which increases the appeal of the non-interest-bearing precious metal.
Gold prices edge lower in electronic trading after Fed decision
Gold futures fell a bit in electronic trading from Thursday's settlement after the [Federal Reserve voted to reduce](
Trump, Gold and dollar
Why Is Gold Falling After Trump's Election Win?
Rising bond yields, rallying stocks and a surging U.S. dollar all weighed on the price of gold in the wake of former President Trump's decisive election victory Tuesday.
Gold falls as Trump’s decisive election win drives up U.S. dollar
Bullion tumbled as much as 1.5 per cent as Trump’s victory rippled through global markets, with United States Treasury yields jumping and the dollar strengthening the most since 2022. A surge in the currency makes bullion pricier for many buyers.
Trump comeback drives gains in US stocks and dollar, Treasuries slide
Donald Trump's victory in the U.S. presidential election unleashed a massive rally in the dollar, drove stocks to record highs and punished bond prices as expectations of tax cuts and tariffs on imports drove optimism about economic growth while fueling worries about inflation.
1d
Gold hastens retreat as dollar rallies on Trump victory
Gold held steady on Wednesday as investors keenly awaited the outcome of a tightly contested U.S. presidential race.
1d
on MSN
Gold's price is plunging. Is this the right time to buy in?
Gold's price has dropped to a three-week low, which could present a good opportunity for investors. Here's why.
1d
on MSN
Gold and Copper Plunge as Trump’s Decisive Win Drives Up Dollar
Gold was steady as investors waited for initial results in a closely fought US election that could prove massively ...
14h
As gold prices soar, experts explain how to use it for long-term wealth
Diversifying your portfolio with gold offers stability and a hedge against inflation. However, in the long run, it may not ...
21h
on MSN
Should you sell your gold investment as the economy improves? Experts weigh in
Investors may want to consider selling gold to pursue faster growth opportunities or keeping it as a safety net.
1d
Gold Prices Plunge As Trump Triumphs: What's Next For XAU/USD?
Gold
prices plummet as Trump’s election victory boosts the US
dollar
and Treasury yields. Market sentiment shifts towards ...
Greek Reporter
14h
Bank of France Distributed Fake Gold Coins, Metal Specialist Claims
Facing economic challenges, France distributed counterfeit gold coins for half a decade, which had been kept a secret until ...
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