Gold prices rise, close to record highs as rate cut bets mount

Gold prices rose in Asian trade on Tuesday, coming within sight of new highs amid increased bets that the Federal Reserve will begin cutting rates from September. But gains in gold were limited by some resilience in ...

Source : investing.com

Gold needs to test support but prices can still end the year much higher

Although the Federal Reserve has been cryptic regarding the timing of its easing cycle, the central bank is firm that it is not looking to raise interest rates anymore, which should ultimately be positive for gold ...

Source : kitco.com

Gold prices steady with rate cuts, M.East peace talks in focus

Gold prices fell slightly in Asian trade on Tuesday, having taken limited support from increased unrest in the Middle East, while focus also remained on potential interest rate cuts by the Federal Reserve. Gold rose ...

Source : investing.com

Gold prices rise tracking dollar weakness as weak payrolls put rate cuts in focus

Gold prices rose in Asian trade on Monday, capitalizing on a recent drop in the dollar as softer-than-expected U.S. payrolls data saw traders increase bets on eventual interest rate cuts by the Federal Reserve ...

Source : investing.com

Goldman sees potential for gold prices surging above $3000 amid risks

2024 has seen gold prices surge to new record levels, with the yellow metal exceeding $2,400 an ounce last month due to increased global demand amid economic and geopolitical uncertainties. Remarkably, strategists at ...

Source : investing.com

Gold prices tread water as rate fears grow ahead of nonfarm payrolls

Gold prices moved little in Asian trade on Friday as markets remained averse to the yellow metal before key U.S. payrolls data, while the prospect of high for longer interest rates put gold on course for weekly losses ...

Source : investing.com