Gold hit a record high above $2,600 per ounce on Friday, as the prospect of more U.S. interest rate cuts and global geo-political uncertainty boosted its appeal.
Gold futures and shares both climbed to new record highs after the Fed rate cut. Gold remains a safe haven for money and can be seen as more attractive as interest rates drop. Global turmoil looks to ...
Gold futures and gold ETFs are down, with investors backing off ahead of the Federal Reserve decision Wednesday. A cut of either 25 basis points or 50 basis points is expected. The anticipation lifted ...
Gold futures rose in electronic trade Wednesday after the Federal Reserve cut its key rate by 50 basis points, or half a percentage point, citing confidence inflation will continue to fall and noting ...
LONDON - Spot gold prices hit a record high on Friday as a weak dollar, expectations of more U.S. interest rate cuts and tensions in the Middle East more than offset muted physical demand in Asia.