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Gold prices react to US Fed rate cut
Gold pushes to new record, silver pops 2.5%, with Fed rate cut seen as bullish
Gold futures climbed to a fresh record high Thursday a day after the Federal Reserve launched its monetary easing cycle with a 50 basis points interest rate cut, which is seen as bullish for gold since lower borrowing costs benefit the metal,
What will happen to gold prices after the Fed cuts rates?
Sustained demand from investors is also helping to drive the price uptick and will likely play a role in future price growth. As more investors buy gold to capitalize on its upward price trajectory (or gain access to the many other benefits it offers), the price of gold is likely to climb.
Gold Rises to Record After Fed Makes First Rate Cut Since 2020
Gold pulled back from a record high after Federal Reserve Chairman Jerome Powell signaled policymakers aren’t in a rush to aggressively lower interest rates following Wednesday’s half percentage point cut by the US central bank.
Gold Apollo, Lebanon
Gold Apollo says Budapest-based BAC produces model of pagers used in Lebanon blasts
The model of pagers used in detonations in Lebanon were made by Budapest-based BAC Consulting, Taiwanese pager firm Gold Apollo said on Wednesday, adding it had only licensed out its brand to the company and was not involved in the production of the devices.
Taiwanese Company Disavows Links to Exploding Pagers in Lebanon and Syria
Gold Apollo said it authorized its brand on the pagers that exploded in Lebanon and Syria but “the design and manufacturing” was ”solely the responsibility” of a Budapest-based company.
Pagers that exploded in Lebanon and Syria were made by a company in Budapest, Gold Apollo says
Taiwanese company Gold Apollo says that it authorized its brand on the pagers that exploded in Lebanon and Syria but that another company based in Budapest manufactured them.
Hidden Figures, Congressional Gold Medal
NASA's 'Hidden Figures' awarded Congressional Gold Medal for groundbreaking work
The Black NASA female mathematicians and aeronautical engineers referred to as the "Hidden Figures" were awarded the Congressional Gold Medal this week.
‘Hidden Figures’ honored with Congressional Gold Medals
Four pioneering Black women received Congressional Gold Medals for their contributions to early efforts at space exploration during a formal ceremony at Emancipation Hall in the U.S. Capitol, Wednesday.
'Hidden Figures' of the space race receive Congress' highest honor at medal ceremony
The hidden figures of the space race were recognized with Congress’ highest honor at a medal ceremony on Wednesday. The Congressional Gold Medal was presented to the families of Katherine Johnson, Dorothy Vaughan,
4h
on MSN
Should you buy gold bars and coins as interest rates fall?
Interest rates are falling and could fall again in the months to come. That was the big economic news this week after the ...
1d
Gold price today: Gold is down 0.08% today
The price of gold traded at $2,576.19 per troy ounce, as of 9 a.m. ET. That’s down 0.08% from yesterday’s gold price per ...
11h
on MSN
A gold mining town in Congo has become an mpox hot spot as a new strain spreads
Congo's South Kivu province is at the epicenter of the world’s latest mpox outbreak, in what the World Health Organization ...
1d
on MSN
How high will gold prices climb this October? Here's what experts think
Experts are bullish on gold for October, despite some market uncertainty. Here's what investors should consider now.
12h
on MSN
India's IIFL Finance says cenbank lifts curbs on its gold loan business
India's IIFL Finance said on Thursday the Reserve Bank of India has lifted restrictions imposed on the company's gold loan ...
2d
Emily Gold, teen dancer on 'America's Got Talent,' dead at 17
Teen dancer Emily Gold, who was featured on the latest season of "America's Got Talent," was found dead Friday. She was 17.
11h
Simone Biles says ‘not a big deal’ after video shows scoring inquiry snafu might have cost her gold
"Upsetting how it wasn't processed but I'm not mad at the results," Simone Biles said about the floor exercise final scoring ...
1d
Gold Miners Say They’re Now Disciplined as Dealmaking Heats Up
With gold prices at a record high, mining companies are back hunting for deals while trying to reassure investors that ...
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