Dollar rally pushes gold to near two-month low as traders await Fed cues
Nov 12 (Reuters) - Gold prices fell to nearly a two-month low ... Powell and other U.S. central bank officials. Following the Fed's recent decision to cut its benchmark interest rate by a quarter of a percentage point to the 4.50% to 4.75% range ...
Gold drops 1% to two-month low as US dollar marches higher
Several central bank officials are also scheduled to speak this week, including Fed Chair Jerome Powell. "At current levels we should start to see a pickup in physical demand, so expecting gold to bottom out in the $2,500-2,600/oz range," said UBS analyst ...
Gold prices have fallen 2% so far this week as a strong dollar weighed on sentiments. US Fed's rate cut on Thursday ...
Both can be smart investments right now, experts say, but one option could make more sense for your portfolio.
Gold held steady on Wednesday as investors keenly awaited the outcome of a tightly contested U.S. presidential race.
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3 reasons why surging gold prices will climb another 8% by the end of 2025, Goldman saysGoldman expects the Federal Reserve to reduce the fed funds rate to the 3.25%-to-3.5% range midway through 2025. Since the ...
Gold nears critical support at $2,646 as inflation data and Fed remarks loom, potentially setting a bearish tone for XAU prices if the level breaks.
"Products that pay a yield on gold or silver should become increasingly attractive as interest rates fall," Nadelstein says. ...
Safe-haven demand amid US presidential election uncertainties, persistent Middle Eastern tensions, might lift the Gold price.
(Reuters) - Gold prices fell to a near two-month low on Tuesday, pressured by a stronger U.S. dollar and growth optimism ...
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