The rally is not limited to dollar-denominated gold. In euro terms, gold prices also hit a new peak, surpassing €2,300 per troy ounce. Fritsch pointed to the recent interest rate…
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Gold (XAU/USD) traded near $2,580 on Friday, rising 0.90% after hitting new record highs on Thursday. The surge followed a decisive breakout from a range the precious metal had been…
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Gold prices soared to a new all-time high of $2,570 per troy ounce on Friday, driven by growing expectations of aggressive interest rate cuts by the U.S. Federal Reserve, according…
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Gold extended its rally during Friday’s Asian trading session, driven by renewed debate over whether the Federal Reserve will opt for a 0.50% or 0.25% interest rate cut at its…
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Gold prices surged to a new all-time high of $2,586 per ounce on Friday, driven by expectations of a larger-than-anticipated interest rate cut by the U.S. Federal Reserve. As the…
- Gold Prices
Gold Holds Steady Above $2,600 as U.S. Consumer Confidence Rises, Inflation Concerns Ease
The gold market continues to hold strong, maintaining gains above $2,600 per ounce, as consumer optimism in the U.S. improves and inflation fears subside, according to the latest report from…
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The gold market is on track to close the week with a new all-time high, although short-term corrections are possible. Despite these risks, some analysts believe this rally could mark…
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Anticipation of upcoming Federal Reserve rate cuts continued to weigh on the U.S. dollar, which fell to 140.36 yen, marking its weakest level since December. The dollar index, measuring the…
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U.S. stocks rose on Friday as investors continued to anticipate whether the Federal Reserve might take a more aggressive approach in cutting interest rates at its upcoming policy meeting. Gold…
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Gold prices may skyrocket to $10,000 per ounce if Vice President Kamala Harris secures victory in the upcoming U.S. presidential election, warns Peter Schiff, chairman of SchiffGold and chief market…
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