Gold

27 September 2024
Gold Holds Steady Near Record Highs as Traders Await U.S. Inflation Data

Gold holds at record highs as markets anticipate U.S. PCE data and monitor Fed rate cut chances. Discover why traders favour gold amid geopolitical tensions and economic updates. -vtmarkets.com

25 September 2024
Gold Near Record Highs Amid Middle East Tensions and Weak Dollar

Gold prices remained elevated at $2,658.07 per ounce after reaching a record high of $2,664.25. This move higher can be traced to two major factors. First, the dollar weakened by 0.2%, making dollar-denominated gold cheaper for holders of other currencies. …

23 September 2024
Gold prices near record highs as Fed’s aggressive rate cut drives demand

Gold prices remained strong after the U.S. Federal Reserve cut rates by half a percentage point last week. With further rate cuts expected by the year’s end, gold continues to attract demand, as lower interest rates typically boost the appeal …

20 September 2024
Gold steady at record levels on central bank moves

Gold prices hold steady near record levels as central bank policies support its safe-haven appeal. Learn how these factors shape market dynamics. -vtmarkets.com

18 September 2024
Gold remains stable as markets await Fed decision

Gold prices held their ground early Wednesday as the market remains on alert for the outcome of the Federal Reserve’s meeting later in the day. -vtmarkets.com

16 September 2024
Oil prices surge on rate cut hopes, but demand worries linger

Gold prices surged to new record highs on Monday as a weakening dollar and mounting expectations for a large interest rate cut by the U.S. Federal Reserve drove market demand. -vtmarkets.com

12 September 2024
Gold inches higher as investors eye US data for rate cues

Gold prices rise as traders await key U.S. economic data to gauge the Federal Reserve’s next rate cut decision. Markets expect a 25-basis-point cut. -vtmarkets.com

10 September 2024
Gold prices stable as investors prepare for US inflation report

Key points: Spot gold remains flat at $2,504.98 per ounce as of 0027 GMT. Fed funds futures price in a 70% chance of a 25-basis-point interest rate cut in September. Gold prices remained stable on Tuesday as investors awaited critical …

9 September 2024
Gold prices silences as markets await key Fed decision on rate cuts

Key Points: Gold prices held near $2,500 per ounce as markets speculated on the Fed’s upcoming interest rate decision. Mixed U.S. jobs data, with fewer jobs added than expected, but rising wages and steady unemployment at 4.2%. Market participants are …

5 September 2024
Gold struggles for momentum as markets focus on US jobs data

Gold prices remained largely flat on Thursday, reflecting investor caution ahead of the U.S. nonfarm payrolls report. This data could signal future rate moves by the Federal Reserve, particularly with market attention focused on whether a rate cut will materialise …

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