Gold News Spot gold near record high: ~$3,650/ozGold is trading around $3,650.23, hovering close to its all‑time high of $3,673.95/oz hit earlier this week. Gold poised for 4th straight weekly gainStrong expectations of U.S. Fed rate cuts (25 bps likely next week) amid soft labor market data are pushing gold higher. Supportive inflation & labor…
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Gold News Gold consolidates near ATH ($3,673.95)Spot gold hit $3,673.95/oz earlier in the week. As of the latest trade, it’s around $3,632.48/oz—a slight pullback from the high. Rate‑cut expectations remain strongSoft U.S. macro data (producer & job reports) have bolstered the case for a 25 bps Fed cut next week. Some traders are even eyeing…
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Gold News Gold smashes through $3,659 – new ATH! Spot gold surged to a new all-time high of $3,659/oz earlier today, marking a fresh record as investors piled in amid intensifying rate‑cut expectations. Fed rate-cut bets and weak labor data drive the rallyMarkets now price in nearly a 90% chance of a 25 bps Fed…
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Gold News Gold nears record highsSpot gold is at $3,552.71/oz, up ~0.2% today, inching closer to this week’s all‑time high of $3,578.50. Bullish momentum remains strong, with the metal poised for its biggest weekly gain in three months. Markets eye U.S. jobs data and Fed signalsInvestors are bracing for the upcoming U.S. non-farm payroll report.…
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Gold News Gold consolidates near record highsSpot gold is sitting at about $3,534.88/oz, after touching an all-time intraday peak of $3,546.99 earlier in the session. Expectations of imminent Fed rate cuts are powering the rally. Rate-cut bets and trade tensions fueling demandInvestors are piling into gold amid growing belief in a Fed interest rate cut…
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Gold News Gold races to an all-time high above $3,500/ozSpot gold surged past the $3,500 mark, reaching a record price of $3,508.70/oz, driven by mounting expectations for a U.S. Federal Reserve rate cut, a weaker dollar, and global market uncertainty. Markets pricing in aggressive rate cutsA softer dollar hovering near a five-week low combined with…
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Gold News Gold holds steady near $3,390/ozSpot gold is trading around $3,390.27/oz, with futures at $3,447.40, as markets await U.S. PCE inflation data. Fed cues and rate-cut bets underpin supportThe market remains optimistic, pricing in an 88% probability of a 25‑bps rate cut, and traders are watching Fed signals closely. Profit-taking tempers recent rallyAfter hitting…
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Gold News Gold hits a 2‑week high Spot gold surged to $3,373 as the U.S. dollar weakened after President Trump fired Fed Governor Lisa Cook. • Safe-haven demand risingInvestors are piling into gold amid growing uncertainty over the Fed’s next moves. • Gold-backed cryptos join the rallyAssets like XAUT and PAXG gained ~0.23%, reflecting rising…
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Gold News 📉 Gold Market Update – Monday 🔹 Spot gold dipped to around \$3,260, marking its lowest level in a month 🔹 Key reasons for the decline: ▪️ Easing Middle East tensions – fragile ceasefire between Israel and Iran is holding ▪️ Progress in US trade negotiations with China, India, Mexico, and Vietnam 🔹…
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Gold News Gold surged above $3,100/oz, hitting a record high of $3,128.06 and is set for its strongest quarter since 1986. Spot gold rose 1.1% to $3,117.43, while U.S. gold futures hit $3,149.60. The rally is driven by inflation concerns from U.S. tariffs, central bank buying, and rate cut expectations. Gold has gained ~18% in…
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