Central banks stretched their gold-buying streak to a 15th consecutive year in 2024, contributing to rise in total demand for ...
and weigh on gold. Equity markets might face downward pressure if traders interpret the data as reducing the urgency for further Fed rate cuts. Conversely, weaker job growth could reinforce ...
1434 ET – Front-month gold futures settle higher ... but also short-covering on the New York futures market, Hansen says. This reflects fears President-elect Trump’s tariffs may disrupt ...
Gold prices firmed on Friday (Jan 17) and were headed for a third straight week of gains after US data this week hinted that the Federal Reserve might continue easing interest rates this year. Spot ...
After U.S. statistics this week suggested that the Federal Reserve would continue to ease interest rates this year, gold prices solidified on Friday and were on track for a third consecutive week ...
According to market experts, the gold price today has risen due to soft US core inflation data that has triggered buzz about a US Fed rate cut in the upcoming US Fed meeting at the end of this month.
Inflation is likely to continue to ease and possibly allow the central bank to cut interest rates sooner and faster than expected, Federal Reserve Governor Christopher Waller said Thursday in ...
Fed officials allow that the outlook for QT is uncertain but they appear for now to see no need to change gears. Transitioning through the end of 2024 into 2025 "went very smoothly," New York Fed ...
Gold extends gains as US core inflation was better than expected, sparking a drop in Treasury yields. Traders now anticipate the Fed might cut rates by 40 basis points by the end of 2025 ...