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Fed's bumper rate cut fuels non-yielding gold's rally

Gold prices climbed over 1% on Thursday after hitting a record high in the previous session, as the U.S. Federal Reserve embarked on its rate easing cycle. Spot gold rose 1.1% to $2,586.37 per ounce by 1105 GMT,

Bloomberg L.P. · 1d

Gold Rises to Record After Fed Makes First Rate Cut Since 2020

Gold pulled back from a record high after Federal Reserve Chairman Jerome Powell signaled policymakers aren’t in a rush to aggressively lower interest rates following Wednesday’s half percentage point cut by the US central bank.

Seeking Alpha on MSN · 22h

Gold jumps to record high before swinging to loss after Fed's jumbo rate cut

Gold futures climbed to a record high before falling back in electronic trading Wednesday after the Federal Reserve cut its key rate by 50 basis points, citing confidence that inflation will continue to fall and noting a slowing jobs market.

A gold mining town in Congo has become an mpox hot spot

LA Times on MSN · 4h

A gold mining town in Congo has become an mpox hot spot as a new strain spreads

Congo's South Kivu province is at the epicenter of the world’s latest mpox outbreak, in what the World Health Organization has called a global health emergency.

ABP Live on MSN · 7h

As New MPox Strain Spreads, Bustling Gold-Mining Town In Congo Emerges As Hotspot: Report

A gold-mining town in eastern Congo has emerged as a hotspot for mpox as a new strain spreads, the Associated Press (AP) has reported. Kamituga is part of the South Kivu province, where more than 6,000 people are suspected to have contracted the virus.

The Mirror · 9h

Mpox outbreak horror as new strain tears through mining town

Miners, sex workers and traders pass through the remote town of Kamituga in the Democratic Republic of the Congo, which has been singled out as a major infection hotspot in the mpox outbreak

Gold Apollo, Budapest and Lebanon

Reuters · 1d

Gold Apollo says Budapest-based BAC produces model of pagers used in Lebanon blasts

The model of pagers used in detonations in Lebanon were made by Budapest-based BAC Consulting, Taiwanese pager firm Gold Apollo said on Wednesday, adding it had only licensed out its brand to the company and was not involved in the production of the devices.

The Associated Press on MSN · 1d

Israel-Hamas war latest: At least 300 wounded in second day of explosions in Lebanon

Lebanon’s health ministry said Wednesday that at least nine people were killed and 300 wounded by exploding electronic devices in multiple regions of the country. The explosions came a day after an apparent Israeli attack targeting pagers used by Hezbollah killed at least 12 and wounded nearly 3,

Seattle Times · 1d

Pagers that exploded in Lebanon and Syria were made by a company in Budapest, Gold Apollo says

Taiwanese company Gold Apollo says that it authorized its brand on the pagers that exploded in Lebanon and Syria but that another company based in Budapest manufactured them.

1don MSN

How high will gold prices climb this October? Here's what experts think

Experts are bullish on gold for October, despite some market uncertainty. Here's what investors should consider now.

Gold price today: Gold is down 0.08% today

The price of gold traded at $2,576.19 per troy ounce, as of 9 a.m. ET. That’s down 0.08% from yesterday’s gold price per ...

20h

NASA's 'Hidden Figures' awarded Congressional Gold Medal for groundbreaking work

The Black NASA female mathematicians and aeronautical engineers referred to as the "Hidden Figures" were awarded the ...

Simone Biles says ‘not a big deal’ after video shows scoring inquiry snafu might have cost her gold

"Upsetting how it wasn't processed but I'm not mad at the results," Simone Biles said about the floor exercise final scoring ...

19hon MSN

NASA's "Hidden Figures" honored in Congressional Gold Medal ceremony

NASA's "Hidden Figures," whose work helped put men on the moon, are set to be honored Wednesday in a Congressional Gold Medal ...

5hon MSN

Paralympic gold medallist visits his old school

Paris Paralympic gold and silver medallist Fin Graham has made a special visit to his former secondary school. The ...

4hon MSN

India's IIFL Finance says cenbank lifts curbs on its gold loan business

India's IIFL Finance said on Thursday the Reserve Bank of India has lifted restrictions imposed on the company's gold loan ...

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