LONDON () Gold builds on its bullish action to end the previous week and trades at a new record-high above $3,700 on Monday.
The Fed delivered a 0.25% rate cut on Wednesday, and markets are now pricing in a roughly 92% probability of another cut next month, followed by a third in December (82.5%). However, easing policy ...
Gold found buyers at the $3,630 level to bounce up on Friday following a two-day reversal from all-time highs at $3,700 on Wednesday. The precious metal attracted some bids with the US Dollar recovery ...
Central banks have set records for the amount of gold they’ve purchased in the last few years. But with the price continuing to soar to new all-time record highs, a relevant question that rarely gets ...
The Federal Reserve cut interest rates by 25 basis points as expected. Although after an initial spike, the gold and silver prices came crashing lower.
NEW YORK () The gold market is trading near session highs on Thursday morning after the Philadelphia Federal Reserve's manufacturing sector survey rose deeper into expansionary territory this ...
On Wednesday, the Federal Reserve’s Federal Open Market Committee cut the target policy rate by 0.25 percent, bringing the target down to 4.25 percent. This cut is the first since the Fed implemented ...
Yesterday’s session was just perfect. The initial reaction was in tune with what made sense given Fed’s rate cut, but it was soon overwhelmed by the buy-the-rumor-sell-the-fact type of reaction. The ...
LONDON () The Gold price (XAU/USD) trades in negative territory for the second consecutive day near $3,640 during the early Asian session on Friday. The precious metal edges lower after reaching a ...
Despite the significant increase in tariff revenue, the U.S. continues to run massive budget deficits. The budget shortfall for fiscal 2025 has already exceeded last year’s deficit. So much for import ...
According to the Treasury Department’s monthly statement released on Thursday, Federal spending surged again in August, rising to the highest spending level reported in 30 months. At the same time, ...
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