Gold steady as investors await more Fed cues
Gold prices were little changed on Friday (Sep 19) as investors awaited further signals on the US interest rate path after the US Federal Reserve delivered an expected rate cut and…
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Gold
Zijin Gold seeks HK$25 billion in world’s biggest IPO since May
The gold producer is coming to market at a time prices of the precious metal extend their rise, it broke another record this week Zijin Gold International is seeking to raise HK$25 billion…
Gold slips as US dollar gains after Fed rate cut, Powell comments
Gold prices extended losses on Thursday (Sep 18) due to an uptick in the US dollar after the US Federal Reserve cut interest rates by a quarter of a percentage point, as expected, and…
Deutsche Bank sees gold at US$4,000 next year on Fed cuts, China
The bank expects the US central bank to cut rates three times by the end of this year Deutsche Bank expects gold to average US$4,000 an ounce in 2026, as US Federal Reserve rate cuts and…
Gold steadies near record high as investors await Fed verdict
The US central bank is expected to deliver a quarter-percentage-point interest rate cut later in the day to support the labour market Gold prices hovered near all-time highs on Wednesday…
Morgan Stanley CIO favours 60/20/20 portfolio strategy with gold as inflation hedge
A 60/20/20 portfolio strategy that includes 20 per cent gold is a more resilient inflation hedge at a time when US equities are offering historically low upside over Treasuries and…
Gold scales new high as US dollar weakens ahead of Fed meeting
Lower interest rates reduces the opportunity cost of holding non-yielding bullion Gold prices scaled a record peak on Tuesday (Sep 16), supported by a weaker US dollar ahead of the Federal…
Soaring bullion prices threaten to dull India's festive gold sparkle
Demand is expected to fall by about 10%-15% in volume Source link
Thailand to weigh tax on gold trades to slow baht rally
Officials are discussing ways to tax gold bought and sold through various online channels and settled in baht Thai authorities are reported to be considering a tax on physical gold trading…
Gold prices steady near record high ahead of Fed rate decision
The US central bank’s policy meeting this week comes amid challenges, including a legal dispute over its leadership and efforts to confirm US President Donald Trump’s nominee to the Board…
Jardine C&C buys Indonesian gold mine for US$540 million
Astra International will acquire Arafura Surya Alam through two of United Tractors’ wholly-owned units Jardine Cycle & Carriage on Monday (Sep 15) announced that two of its indirect…
Gold set for fourth weekly rise as US data lifts rate-cut hopes
Gold prices rose on Friday (Sep 12) and were headed for a fourth consecutive weekly gain, as fears of a weakening US labour market eclipsed inflation concerns ahead of an expected US…
Gold surpasses inflation-adjusted record high set in 1980
The precious metal has risen nearly 40% this year as US President Donald Trump has cut taxes, expanded his global trade war Gold has eclipsed its inflation-adjusted peak set more than 45…
Gold inches higher as soft US PPI data fuels rate cut bets; CPI in focus
The US Federal Reserve is expected to cut interest rates at its policy meeting next Wednesday Gold edged up on Thursday (Sep 11), as softer-than-expected US producer price index (PPI) data…
Gold takes a breather as focus turns to US inflation data
Gold prices were flat on Wednesday (Sep 10), as investors awaited key inflation reports due later this week, while expectations of a US interest rate cut this month helped keep bullion…
Gold heads towards US$4,000 mark as markets grapple with dollar doubts, Fed uncertainty
Analysts note confidence in the precious metal is ultimately linked to sentiment towards the greenback Gold is blazing a trail towards US$4,000 an ounce, driven by a potent mix of…
India’s RBI cut US debt, bought gold even before Trump’s tariffs
Central banks have been boosting gold purchases to reduce their risks to the US dollar as global growth becomes more uncertain India’s central bank steadily reduced its purchases of US…
Gold prices trade above US$3,600 on Fed rate-cut bets
Investors are now awaiting US producer price data on Wednesday and consumer prices on Thursday for further clues on the Fed’s policy path Gold prices hovered near a record high on Tuesday…
Gold hovers near record high on US rate-cut expectations
Gold prices held firm near an all-time high on Monday (Sep 8), inching closer to a key US$3,600 level, bolstered by mounting expectations of a US Federal Reserve rate cut this month…
This week in business: Markets stumble, gold glitters, and burgers get cheaper
Labor Day usually marks the slowdown. Not this year. From corner offices to checkout lines, businesses are scrambling as shaky markets test prices, patience, and loyalty. Tech is still the…
The Week: Trump Loses on Tariffs, Again
Plus: Is the United States at war with Venezuela? Source link
Gold holds firm near record high on US rate-cut expectations
Gold held steady on Thursday (Sep 4), hovering near all-time high hit in the previous session, buoyed by global uncertainties and increased expectations for a US interest rate cut, while…
CNMC shares strike gold as yellow metal surges again; pure gold play on SGX hits S$0.765 new high
This comes on the back of gold prices’ steady rise in recent times, following a season of market volatility Shares of CNMC Goldmine surged more than 12 per cent on Wednesday (Sep 3) –…
Asia: Markets down as gold hits fresh high
Asia markets were down on Wednesday while gold extended its six-day rally after reaching a record high as investors sought safe havens following a selloff in equity and bond…