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Gold poised for 3rd weekly gain on Fed rate cut bets
Gold set for third straight weekly gain, Trump's policies in focus
Gold held firm near a five-week high on Friday and was set for a third straight week of gains, as U.S. inflation data released earlier this week raised expectation that the Federal Reserve might cut interest rates further this year.
Gold headed for weekly gains on revived hopes of Fed rate cuts
Spot gold was flat at $2,715.21 per ounce as of 0047 GMT, hovering near a more than one-month peak hit on Thursday. Bullion has gained about 1% so far this week.
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 climbs to over 1-month high on weaker yields
Gold hits one-month high
NEW YORK: Gold prices firmed near one-month highs hit earlier on Thursday after a softer-than-expected core US inflation print increased chances of two Federal Reserve rate cuts this year, with the first likely in June.
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 Hits One-Month High as Dollar Slides on Inflation Data
Gold prices surged to a one-month peak on Thursday, nearing $2,700 per ounce, as softer U.S. inflation data fueled hopes of lower interest rates in 2025. Spot gold rose to $2,697.45 an ounce, while February gold
1h
on MSN
Gold eyes third weekly gain as markets look to Trump inauguration
Gold prices were pressured by an uptick in the U.S. dollar on Friday, but remained on track for a weekly gain as ...
Forbes
1d
Gold Price Today
Countless factors go into determining the current
spot
price of
gold
at any moment in time. The supply of new
gold
, demand of
gold
bullion
and currency fluctuations all play a role, not to ...
7d
Gold rises for fourth straight day with US payrolls in focus
Gold rose for a fourth day as traders waited for the release of US payroll figures that’ll help to shape the outlook for ...
devdiscourse
8d
Mumbai's Glittering Gold and Silver Closing Rates Revealed
The latest bullion market rates in Mumbai have been announced with silver spot closing at Rs 89,800 per kilo. Standard gold, ...
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