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Gold slips, but set for weekly rise on potential Fed rate cut
Gold prices fell on Friday after bullion hit a more than five-week high in the previous session and as the U.S. dollar gained, but prices were on track for a weekly rise on expectations of a Federal Reserve rate cut next week.
MCX gold rate today ₹2,645 away from life-time high. US Fed rate cut in focus
MCX gold rate future for the February 2024 expiry finished at ₹77,130 per 10 gm, ₹2,645 away from the lifetime high of ₹79,775 per 10 gm
Gold slides but gains for the week ahead of expected Fed rate cut
Gold futures fell more than 1% on Friday but still posted a modest gain for the week with expectations running high for a Federal Reserve rate cut next week at the central bank's policy meeting, with traders now forecasting a 97% chance of a 25-bp cut.
Gold set for weekly gain with focus on Fed's policy decision
Gold prices edged higher on Friday and were set for a weekly gain, driven by recent reports of top consumer China resuming gold purchases, and heightened expectations of an interest rate reduction by the Federal Reserve at its Dec.
8h
Bullion Cues: Battling in a range
Traders are advised to stay out of gold and silver markets for now due to unclear trends. Gold futures are range-bound ...
3d
Make these 3 big gold investing moves before 2025, experts say
You can also invest in gold ETFs, a type of mutual fund that allows you to buy shares in a pool of gold-related assets. You ...
4d
Barrick Said to Seek Buyer for Ivory Coast Mine as Bullion Soars
Barrick Gold Corp. is seeking buyers for its Tongon gold mine in the Ivory Coast in an effort to sell the aging operation ...
2d
Gold and silver could become official currency in Florida, state's top financial officer says
Florida Chief Financial Officer Jimmy Patronis announced he's launching a study to see if gold and silver bullion can be used ...
1d
on MSN
Gold slips, but set for weekly rise on potential US Fed rate cut
Gold prices edged higher on Friday and were set for a weekly gain, driven by recent reports of top consumer China resuming ...
The Jakarta Post
3d
Bullion bank to launch in first half of next year, Airlangga says
The Financial Services Authority (OJK) and the government plan to gradually build a complete gold investment ecosystem, ...
eVnExpress on MSN
1d
Gold prices plunge in Vietnam as global rates edge higher
Vietnam gold bar price fell 0.8% to VND86.4 million (US$3,400.91) per tael Friday morning while global bullion rates inched ...
2d
on MSN
Gold’s Breakneck Rally May Slow Down in 2025, WGC Says
Gold prices are set to rise more slowly in 2025 after a record-breaking run this year, according to the World Gold Council.
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