Gold price has moved at a high speed and rose from $2000 (which marked very strong resistance) to $2600 in about ten months.
A 25 basis points rate cut has been already priced in, but officials could still surprise markets.
At 11:38 GMT, XAU/USD is trading $2612.94, up $26.03 or +1.01%. U.S. Rate Cuts Boost Gold’s Appeal Gold’s rally was driven by the Federal Reserve’s recent decision to cut interest rates by 50 basis ...
Bullion strengthens after the Fed’s surprise rate cut. Weakening U.S. dollar and looming rate reductions could drive gold ...
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 ...
From my perspective, the recent surge in gold prices follows the unexpected decision by the Federal Reserve to cut interest rates, along with expectations of an additional 50 basis points cut by the ...
XAU Resources Inc. (TSXV: GIG) ("XAU Resources" or the "Company") is pleased to announce that the shareholders approved all matters put forth for approval at the annual shareholders' meeting held on ...
Wall Street's main stock indexes were broadly flat in early trade on Wednesday and the dollar weakened as traders weighed up ...
These positive technical elements suggest that upside momentum may be building up for a potential bullish breakout for Gold ...
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The price of gold traded at $2,517.49 per troy ounce, as of 9 a.m. ET. That’s up 1.23% from yesterday’s gold price per ounce ...