by admin1 | Dec 20, 2024 | Gold Price Now
Gold prices steadied near a one-month low in Asian trade on Friday and were headed for weekly losses after the U.S. Federal Reserve’s forecast of fewer than expected interest rate cuts in 2025 put investors on edge.The Fed lowered interest rates by 25 basis points as...
by admin1 | Dec 20, 2024 | Gold Price Now
Gold Prices Drop as Fed’s Hawkish Stance Strengthens Dollar and Yields Gold prices edged lower on Friday, as the Federal Reserve’s hawkish stance strengthened the dollar and yields, reducing demand for the precious metal. Key Drivers of Gold Prices The...
by admin1 | Dec 19, 2024 | Gold Price Now
Gold Prices Rebound from Fed-Driven Rout, Hawkish Comments Cloud Outlook Gold prices rebounded on Thursday, after a Fed-driven rout earlier in the week, as investors digested hawkish comments from the Federal Reserve. Key Drivers of Gold Prices The Fed-driven rout...
by admin1 | Dec 18, 2024 | Gold update
Gold Prices Drop Amid Stronger Dollar and Fed Rate Speculations Gold prices edged lower on Thursday, as a stronger dollar and ongoing Fed rate speculations weighed on investor sentiment. Key Drivers of Gold Prices The stronger dollar has reduced demand for gold, while...
by admin1 | Dec 16, 2024 | Gold update
Gold Prices Poised to Test Record Highs in 2025 Amid Geopolitical Tensions Gold prices are expected to test record highs in 2025, driven by escalating geopolitical tensions, according to a report by ANZ. The ongoing tensions between major world powers are likely to...
