Gold prices surge to a new record: Why investors are buying in
WEBSep 16, 2024 · Since early 2024, the price of gold has been climbing, and the uptick has been nothing short of remarkable, with gold shattering multiple price records so far this year. The first significant...
Gold Keeps Hitting New Record Highs: Why It’s Outperforming …
WEB1 day ago · Spot gold prices ended Friday at a new record of $2.622 per troy ounce in New York, according to FactSet data, extending its year-to-date gain to 27.1%, topping the U.S. benchmark S&P 500 stock ...
Gold Steady Near Record High Before Data That May Give Fed …
WEB1 day ago · September 22, 2024 at 8:07 PM EDT. Save. Goldsteadied near a record, with upcoming US data expected to give clues on whether the Federal Reserve’s 50-basis-point rate reduction last week will be ...
Why gold prices are at record highs | CNN Business
WEBApr 9, 2024 · The price of spot gold reached $2,364 per ounce Tuesday after hitting record highs for seven straight sessions and trading at $2,336 per ounce Monday. Year on year, gold is up 16.5%.
Gold Rises to Record After Fed Makes First Rate Cut Since 2020
WEB5 days ago · Spot gold was down 0.7% to $2,552.77 an ounce at 4:12 p.m. in New York. Gold prices have broken out dramatically this year, soaring more than 24% to successive records.
Gold Hits Successive Record Highs Ahead of Expected Fed Rate Cut
WEBSep 13, 2024 · (Bloomberg) -- Gold rose to another record high, building on Thursday’s surge of nearly 2% as traders added bullish wagers ahead of a widely expected Federal Reserve interest-rate cut next week.
Gold prices hit a record high. What's behind the surge?
WEBApr 12, 2024 · Investors drove gold prices to a record high on Friday, the latest surge in a 17% rally so far this year. Over that period, bullion prices have climbed more than twice as fast as the S &P 500, the index that most people's 401 (k)'s track.
Gold futures hit record above $2,460 on hopes Fed will soon cut …
WEBJul 16, 2024 · Gold jumped to a record Tuesday as rising expectations of a September interest rate cut bolstered demand for bullion. Gold futures advanced 1.5% to $2,465.30, topping the previous high of...
The price of gold is at a record high. Here's why | AP News
WEBAug 21, 2024 · NEW YORK (AP) — A gold rush is here. The precious metal hit an all time high this week. The spot price for gold closed Tuesday above $2,514, according to data from FactSet. That’s the highest closing price recorded for the commodity to date. Here’s what you need to know.
Gold price surges to record high - Financial Times
WEBMar 5, 2024 · Gold has been on a searing 16-month rally, surging 30 per cent from just above $1,600 per troy ounce in late 2022, supported primarily by record buying by central bank emerging markets after...