Gold scales record peak as Fed signals two rate cuts in 2025

Shafaq News/ Gold rose to an all-time high on Thursday, after the Federal Reserve indicated the possibility of two interest rate cuts this year, boosting the metal's appeal amid ongoing geopolitical and economic woes. Spot gold rose 0.1% to $3,049.89 per ounce by 02:10 GMT. U.S. gold futures rose 0.6% to $3,058.40. Dick Poon, general manager of Heraeus Metals Hong Kong Ltd., said that gold is driven by "a lot of uncertain market conditions, geop…

Gold scales record peak as Fed signals two rate cuts in 2025

Gold climbed to an all-time high on Thursday as the U.S. Federal Reserve signaled two possible interest rate cuts this year, adding to the precious metal's appeal amid ongoing geopolitical and economic tensions.Spot gold added 0.1 per cent to $3,050.94 an ounce as of 0520 GMT, after touching an all-time

Gold reached a new historic peak price, as monetary authorities projected slower growth and higher inflation following the Fed's decision to keep interest rates stable for a second consecutive meeting on Wednesday. Fed President Jerome Powell acknowledged Wednesday during a press conference the high degree of uncertainty generated by the important changes in President Donald Trump's monetary policy, although he reiterated that the central bank i…

Gold price reaches record high as latest trade tariffs bring ‘high level of uncertainty’

The price of gold hit an all-time high this week as demand surges amid unprecedented economic uncertainty over the impact of a global trade war.

Gold reaches all-time high amid Trump tariff tensions

The precious yellow metal has firmed as an option for investors looking for a safe haven against market volatility.

Gold Pauses, Silver Retreats

by Alasdair MacLeod Gold Money There is a Comex options contract expiry next week and 240,000 April contracts are yet to be sold, rolled, or stood for delivery. But after this disruption powerful bullish factors will return. Gold rose this week, but silver declined. No doubt, the difference is that gold is being hoarded by central banks while silver is not. In this market report, we look at how this is affecting the two metals. […] Gold rose thi…