Gold prices hit record high on rate cut cheer; copper rallies on China stimulus – Investing.com
Investing.com — Gold prices hit a record high in Asian markets on Tuesday, extending their recent upward trend amid continued optimism over U.S. interest rate cuts, with attention focused this week on further signs of things to come. Among industrial metals, copper prices surged after the Chinese government announced a series of stimulus measures, raising […]
Gold price consolidates near all-time peak, holds comfortably above $2,600 mark – FXStreet
Gold prices are taking a breather after soaring to a new all-time high on Monday. The fundamental backdrop is favorable for bullish trading and supports the prospects of further gains. Traders are now focusing on Friday's US PCE price index before determining direction. Gold prices (XAU/USD) remain slightly overbought on the daily chart on Tuesday, […]
Gold climbs to record highs as geopolitical risks boost safe-haven flows – FXStreet
Gold prices traded in positive territory in the early morning European session on Monday. Federal Reserve interest rate cuts and geopolitical risks in the Middle East continue to support precious metals. Renewed demand for the US Dollar may limit the upside of XAU/USD. Gold prices (XAU/USD) hit a record high on Monday, supported by a […]
Gold prices hit record high as rate cut cheer persists – Investing.com
Investing.com — Gold prices hit a record high in Asian markets, benefiting from continued support for lower U.S. interest rates, while rising uncertainty ahead of a series of signals this week also drove prices higher. Last week, precious metals surged to record highs after the Federal Reserve cut interest rates and have largely maintained that […]
Gold News: Could Upcoming PCE Inflation Data Push Gold to New Highs? – FX Empire
Fed rate cuts fuel gold price gains The Fed's aggressive 50 basis point interest rate cut has reignited bullish sentiment towards gold. Traders had largely expected a 25 basis point cut, but a larger cut has changed expectations and reignited demand for safe haven assets. Moreover, the market is now expecting a further rate cut […]
Gold Price Forecast: Surges to New High, Targets 2,661 and Beyond – FX Empire
2,650 is the start of the next price range The next target zone is revealed by the confluence of several price levels. Recently, there have been two ascending ABCD patterns with targets of 2,660 and 2,661. One pattern appears in purple and the other in orange. These mark the upper end of the price range. […]
Gold prices rise after bumper Fed rate cut; copper upbeat on China stimulus – Investing.com
Investing.com — Gold prices rose in Asian markets on Friday as the dollar weakened following a big interest rate cut by the Federal Reserve and markets welcomed the prospect of further rate cuts. Among industrial metals, copper prices rose on reports that China, the largest importer, is considering further support for its property market after […]
Gold market analysis for September 19 – key intra-day price entry levels for active traders – Kitco NEWS
Jim Wyckoff I have over 25 years of experience covering the stock, financial and commodity markets. I was a financial journalist for FWN Newswire Services for many years and have also worked as a reporter on the active commodity futures trading floors in Chicago and New York. As a journalist, I have covered every futures […]
5 travel scams to beware, from friendly ‘flirts’ to digital gold diggers
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Olympic judges ignored Simone Biles’ score review that could have given her gold, breaking US tie with China
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