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MCX gold rate hits YTD high on renewed US Fed rate cut buzz
Gold poised for third weekly gain on renewed hopes of Fed rate cuts
Gold prices hovered near a five-week high on Friday and were set for a third straight week of gains, as U.S. inflation data released earlier this week revived expectations that the Federal Reserve might cut interest rates more than once this year.
Gold Steady, Supported by Fed Rate-Cut Prospects
Gold was steady in the early Asian session, supported by prospects of Fed rate cuts that would bolster the allure of the non-interest-bearing precious metal.
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,
Dozens of Dead Pulled From Illegal South African Gold Mine
Illegal South African miner on 6-month ordeal underground and illicit gold industry
The tragedy at the abandoned gold mine near the town of Stilfontein began to unfold in August, when police cut off food supplies for a period of time to the miners working illegally in the mine's tunnels.
Dozens of Dead Pulled From Illegal South African Gold Mine After Standoff With Authorities
At least 78 people have died after authorities imposed a blockade on an illegal gold mine here, part of a monthslong standoff between prospectors and a government determined to force them to surface—often by cutting off their food and water.
No more miners trapped underground in South Africa, volunteers say
No more illegal miners are believed to be trapped underground at a gold mine in South Africa, volunteers working with rescue teams have said. At least 78 bodies and more than 200 survivors have been pulled out since Monday after a court ordered the government to facilitate rescue operations at the mine,
35m
on MSN
Trump Tariff Risks Are Fueling a Chaotic Hunt for Gold in London
The risk that President-elect Donald Trump will impose universal import tariffs is causing fresh turmoil in the global gold ...
21h
Gold climbs to over one-month high on weaker yields after US data
Gold prices rose to a more-than-one-month high on Thursday after the latest U.S. economic data pressured the Treasury yields ...
1d
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 ...
2d
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 ...
11h
Gold poised for third weekly gain on Fed rate cut bets
Gold held firm near a five-week high on Friday and was set for a third straight week of gains, as U.S. inflation data ...
1d
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.
1d
Gold Surprisingly Resilient Despite Surging Dollar And Yields
Gold has demonstrated remarkable resilience in the face of a surging U.S. dollar and rising Treasury yields. The surge in the ...
18h
on MSN
Operator error blamed for elevator incident that led to death of guide at former Colorado gold mine
Authorities say an incident involving an elevator at a former Colorado gold mine that led to the death of a tour guide and ...
1d
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 ...
2d
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 ...
8h
Gold Rallies As December Inflation Prompts Unease
Gold futures soared on the back of yesterday’s December CPI data, climbing by $29.50 to settle at $2,722.60 for the most ...
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