Gold
18 OCT
10:25
Gold has reached above $2,700!
Gold surged past $2,700 per ounce, reaching a record high due to heightened demand for safe-haven assets and expectations of interest rate cuts. Geopolitical tensions and disappointing fiscal measures in China also fueled the increase, though strong US economic data limited further gains.
11 OCT
09:41
Gold prices surge amid fed rate cut expectations
Gold prices are climbing as expectations grow for an interest-rate cut by the Federal Reserve next month. Recent economic data, including rising jobless claims and low inflation increases, supports this outlook and enhances gold's attractiveness.
04 OCT
10:14
XAUUSD steady at $2,660 amid rising escalation
Gold prices remain stable at around $2,660 per ounce, bolstered by its safe-haven appeal amid rising geopolitical tensions. Market participants are closely monitoring developments in the Middle East, while strong labor data may influence Federal Reserve policy.