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MCX gold rate hits YTD high on renewed US Fed rate cut buzz
Gold hits one-month high as prospects for Fed cuts rise on softer US inflation data
Gold prices firmed near one-month highs hit earlier on Thursday after a softer-than-expected core U.S. inflation print increased chances of two Federal Reserve rate cuts this year, with the first likely in June.
Gold price today: MCX gold rate hits YTD high on renewed US Fed rate cut buzz
Following the US Fed rate cut buzz on soft US core inflation data, MCX gold rate registered gains during early morning deals on Thursday. Gold futures contract on Multi Commodity Exchange (MCX)m for February 2025 expiry opened flat at ₹78,
Gold jumps most since mid-December as mild inflation data revives rate cut hopes
Front-month gold futures surged to their largest gain in nearly a month, after U.S. core inflation data came in softer than expected, easing inflation pressures and renewing hopes that the Federal Reserve may implement multiple rate cuts this year after all.
Dozens of Dead Pulled From Illegal South African Gold Mine
Rescuers try to free men trapped in South African gold mine with scores reported dead
The South African government has launched a rescue operation at an abandoned gold mine in the country’s North West province, where at least 109 men have died, a group representing the miners said, after local authorities cut off vital supplies in a dramatic bid to crack down on the country’s illegal mining trade.
Dozens of Dead Pulled From Illegal South African Gold Mine After Standoff With Authorities
The prospectors were trapped underground for months as police, on orders from South Africa’s government, attempted to starve them out.
South Africa tried to pressure informal gold miners by cutting off food. Now it's pulling out bodies
Rescuers and volunteers have pulled at least 78 dead miners and more than 160 survivors from an abandoned South African gold mine.
2h
Higher gold prices push TSX futures up
Futures for Canada's main stock index inched up on Thursday, tracking Wall Street counterparts, as higher gold prices propped ...
22h
on MSN
Does gold investing still make sense? Pros and cons to know for 2025
The price of gold soared past $2,700 per ounce in October 2024 — a record high that sparked widespread interest among ...
19h
on MSN
Rare Roman Gold Coins Worth $322,000 Found in Luxembourg
A hoard of Roman coins dating from the Fourth century and covering the reign of nine emperors has been found in northern ...
1h
Societe Generale plans partial return to gold trading, sources say
Societe Generale , France's third-biggest listed bank, is planning a partial comeback to gold trading after quitting the ...
18h
on MSN
What gold assets offer the most liquidity to investors?
Some types of gold investments may be more liquid than others — and it can benefit you to know what those are.
2d
Can Gold Prices Drop 30%?
Gold prices rose to the highest levels in around four weeks recently to $2,700 per ounce. Recent shifts in equity markets and ...
4h
on MSN
Gold holds near 1-month peak on further US rate-cut hopes
Gold prices were steady on Thursday after hitting over one-month highs, as softer U.S. core inflation data lifted ...
1d
Gold Star families devastated by Biden's botched Afghanistan withdrawal endorse Hegseth for SecDef
Gold Star families who lost loved ones during the Biden administration's botched withdrawal from Afghanistan endorsed Pete ...
1d
How Menē Gold Jewelry Is Making The Case For Financial Empowerment
Business is booming for Menē, the direct-to-consumer online jeweler selling 24kt gold jewelry by the gram, and clients are ...
21h
Mali holding seized Barrick gold at state-owned bank BMS, sources say
Mali's military government is holding gold seized from Barrick Gold's Loulo-Gounkoto mine site at state-owned Banque Malienne ...
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