Gold prices climbed after the Fed’s rate decision, with after-hours gold futures and SPDR Gold shares both higher from being flat before confirmation of the cut.
Gold futures were rising 0.1% to $2,526.40 a troy ounce, and are significantly up on-week and on-year. The precious metal's upward rally is just getting started, with the most anticipated U.S.
Gold futures rose in electronic trade Wednesday after the Federal Reserve cut its key rate by 50 basis points, or half a percentage point, citing confidence inflation will continue to fall and ...
2024 has been a strong year for the gold spot price, which has broken through multiple fresh levels throughout the year on fears of a looming US recession, the promise of Fed rate cuts on the horizon ...