Gold soars to $2,300 as rate cut hopes fuel rally

Gold jumped to fresh record highs on Thursday, with the precious metal trading north of $2,300 per ounce as Federal Reserve officials reinforced expectations of interest rate cuts in 2024, albeit with the timing still … Read more

Gold muted amid USD strength, inflation uncertainty

Gold prices (XAU/USD) traded sideways on Tuesday, as the U.S. dollar’s resilience and anticipation of crucial inflation data clouded the outlook for the precious metal. Spot gold hovered around $2,169.70 an ounce by 07:00 GMT. … Read more

Gold clings to $2,150 ahead of crucial Fed meeting

Gold (XAU/USD) prices have inched back above $2,150 after dipping below the key level yesterday, as investors remain cautious ahead of the Federal Reserve’s interest rate decision. The precious metal is finding some support from … Read more

Gold sets new record high as rate cuts loom

Gold surged to record highs on Thursday, extending its winning streak to seven days, as weak economic data and the prospect of interest rate cuts from the Federal Reserve fuelled investor demand. Spot gold (XAU/USD) reached a … Read more