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Gold prices hit record $2,580
Dubai: Gold Prices Near Record High, Set For Weekly Gains On Fed Rate-Cut Boost
Bullion rose to a record high of $2,599.92 on Wednesday after the Fed began its easing cycle with a half-percentage-point cut. The Fed also projected a further half-point reduction by year-end, a full point next year and an additional half-point trim in 2026.
Gold prices rise after bumper Fed rate cut; copper upbeat on China stimulus
Spot gold rose 0.3% to $2,593.31 an ounce, while gold futures expiring in December rose 0.2% to $2,618.40 an ounce by 00:43 ET (04:43 GMT). Safe haven demand for gold was also aided by worsening tensions in the Middle East, after Israel allegedly exploded electronic devices used by Hezbollah, drawing vows of retaliation.
Gold Prices Hit All-Time High in Pakistan
The price for 10 grams of gold also saw an increase of Rs685, climbing to an all-time high of Rs230,195. Meanwhile, the price of one tola of silver remained unchanged at Rs2,950. In the international market, gold prices also rose by $8, reaching a peak of $2,577 per ounce.
اخبار 24
11m
Gold rises, heads for weekly gains on monetary easing
Gold prices rose on Friday, maintaining an upward trend supported by the start of the Federal Reserve's easing cycle, which ...
Business Recorder
8h
Gold prices on an uptrend
KARACHI: The local gold prices continued its uptrend to hit new highs on Thursday as the global bullion value bounced back, ...
1d
on 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.
6h
on MSN
Gold Rates Today (20-09-24): check top city wise Gold prices in Delhi, Mumbai, Kolkata, Chennai
The gold price today in Kolkata is 6824 per gram for 22 karat gold and 7444 per gram for 24 karat gold. The Gold price today ...
Hosted on MSN
9h
Grab This Gold Stock While It's Cheap
Gold prices have been in focus this week amid the Fed's highly anticipated September interest rate decision, with the central ...
1d
Gold Miners Say They’re Now Disciplined as Dealmaking Heats Up
With gold prices at a record high, mining companies are back hunting for deals while trying to reassure investors that ...
5h
on MSN
Gold rate today: Yellow metal inches up; can it sustain gains? Experts unveil strategy for MCX Gold price today
MCX Gold for October 4 expiry opened at 73,619 per 10 grams on Friday. However, it pared gains quickly and traded 0.08 per ...
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