Gold extends gains on Fed rate cut, but heads for weekly fall
Gold prices inched higher on Friday, extending gains spurred by the Federal Reserve’s widely anticipated quarter-point rate cut amid a cooling labour market and solid economic growth. Spot gold rose 0.1% to $2,708.89 per ounce, as of 0024 GMT, but was down nearly 1% for the week so far.
The number of first-time buyers of precious metals, including gold, around the world rose sharply last month ahead of the U.S ...
Gold climbed 1% to hit an all-time peak on Tuesday as factors including safe-haven demand, spurred by U.S. election ...
The Bank of Russia reported that the value of its gold holdings grew by almost 4% last month, breaking the record set in ...
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Why investors are switching from bullion bars to coins amid Budget capital gains tax fearsThe Royal Mint said this was mainly driven by a significant uplift in gold bullion coin sales. Between July and September 2024, revenues from silver and gold coin sales rose by 42 per cent and ...
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Gold ticks lower but holds near key $2,700 levelHowever, prices rose more than 1% in the last session, bouncing from over a 3-week low. U.S. gold futures were flat at $2,704.50, while the U.S. dollar index was set for a slight weekly gain after ...
The prices of gold remained stable in both global and local markets today. In the international bullion market, the price of ...
Gold advanced toward a record as traders prepared for key data that will help to set the stage for the next Federal Reserve policy decision, while the countdown to the US presidential election ...
The number of first-time buyers of precious metals, including gold, around the world rose sharply last month ahead of the U.S. election, but new buyer ...
Vietnam gold prices increased on Friday morning after plummeting the previous day while global bullion values ticked down.
The international bullion market saw a $21 increase in the price of gold per ounce, bringing it to a new global price of $2,683. This uptick follows a period of lower gold prices and signals renewed ...
The value of gold demand exceeded $100 billion for the first time on record in the third quarter, according to a new report.
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