Gold Prices Push to New Records Following Rate Cut
Gold futures and shares both climbed to new record highs after the Fed rate cut. Gold remains a safe haven for money and can be seen as more attractive as interest rates drop. Global turmoil looks to continue to provide gold with upward momentum,
With new easing cycle from the Fed kicking off, tech "bubble risks" are back, Bank of America strategist Michael Hartnett ...
That’s been proven accurate, as stocks are down, the dollar is stronger, and yields are rising... yet gold is soaring.
Big banks also see gold gaining more ground. Goldman Sachs Group Inc. is forecasting prices to rise to $2,700 an ounce by ...
Spot gold was up 1.3 percent at $2,620.63 per ounce by 1:43 p.m. ET, while U.S. gold futures settled 1.2 percent higher to $2 ...
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Bitcoin, Gold May Be Sensing Monetary Debasement as Records BeckonWith both assets leading the market, here's a closer look at the factors driving their remarkable performance.
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