Gold rises as traders brace for Fed rate decision
Gold prices rose on Thursday but traded near a three-week low, as market participants awaited an expected rate cut decision by the U.S. Federal Reserve later in the day. Spot gold gained 0.3% to $2,668.
Which gold investment is best when rates are cut?
"Products that pay a yield on gold or silver should become increasingly attractive as interest rates fall," Nadelstein says. "This would include precious metals leases, which can pay anywhere from 2 to 5% on gold and silver, as well as gold and silver bonds — which offer higher yields."
Druckenmiller fears Fed cut rates too early
Legendary investor Stanley Druckenmiller said there was no reason for the Fed to being cutting rates so aggressively. He said the decision to cut interest rates by a half point with credit spreads tight,
Gold holds firm after US Fed rate cut, softer dollar
Gold prices rose more than 1% on Thursday, helped by a retreat in the U.S. dollar, while the Federal Reserve cut interest rates by a quarter of a percentage point as widely expected.Spot gold was up 1.
Gold vs. silver investing: Which is better when interest rates are cut?
Both can be smart investments right now, experts say, but one option could make more sense for your portfolio.
Gold Edges Higher, Supported by Fed Rate Cut
Gold edged higher in the early Asian session, supported by the Fed’s rate cut overnight, which increases the appeal of the non-interest-bearing precious metal.
Gold edges up as US election jitters, Fed policy meeting loom
Gold held steady on Monday as investors prepared for a key week for the global economy ahead of the U.S. presidential election and the likelihood of another rate cut by the Federal Reserve.
Newsweek24d
Fed Rate Cut: The Best Investments When Interest Rates Go Down
Gold prices usually rise in response to Fed rate cuts. When interest rates fall, gold is usually seen as attractive because the market often sees rate cuts as an attempt to avoid a recession ...
Yahoo Finance20d
Here's how interest rates impact gold prices
History also supports this trend. "From 1966 through 2020, an index of gold prices advanced 8.37% annualized when the Fed was lowering interest rates … compared to 5.53% when raising ...
Gold Heads for Weekly Drop as Traders Weigh Trump, Fed Outlook
Gold fell at the end of a volatile week’s trading, as investors assessed the path ahead for US rates and the implications of ...
InvestmentNews25d
Gold approaches another record as election race, Fed rate cuts come into focus
but can suffer when the dollar is strong and interest rates are high. Over the past year, elevated Fed rates have done little to slow gold’s breakneck ascent to consecutive record highs ...