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 in Pakistan surge by Rs3,500 to settle at record Rs272,000 per tola
Gold prices in Pakistan continued their upward trajectory on Friday, reflecting a surge in international markets. In the local market, the cost of gold per tola climbed by Rs3,500, reaching a record high of Rs272,000.
Gold prices soar to unprecedented levels globally and in Pakistan, following the US Central Bank's interest rate cut.
Gold prices in India surged Rs 700 to Rs 76,350 per 10 grams, driven by global cues and increased demand ahead of festivals.
Gold prices continued their upward journey in Dubai, hitting a new peak on Friday as global prices surpassed $2,600 per ...
From my perspective, the recent surge in gold prices follows the unexpected decision by the Federal Reserve to cut interest rates, along with expectations of an additional 50 basis points cut by the ...
Experts are bullish on gold for October, despite some market uncertainty. Here's what investors should consider now.
The Bank of Japan signaled an unwillingness to raise interest rates Friday, just months after the central bank raised its key ...
LONDON - Spot gold prices hit a record high on Friday as a weak dollar, expectations of more U.S. interest rate cuts and tensions in the Middle East more than offset muted physical demand in Asia.
The surge in gold prices is largely attributed to the US Federal Reserve's recent decision to cut interest rates. The Fed ...
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