Gold regains ground on dollar's retreat as markets await Fed rate decision

Kitco News News

Gold regains ground on dollar's retreat as markets await Fed rate decision
GoldSilverPlatinum
  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 19 sec. here
  • 31 min. at publisher
  • 📊 Quality Score:
  • News: 112%
  • Publisher: 78%

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

Nov 7 - Gold prices rebounded from a three-week low on Thursday on the back of a weaker dollar and as investors awaited the U.S. Federal Reserve interest rate decision later in the day.

"The market is focused on the Fed decision today, perhaps also reflecting to some degree on the BoE's decision to cut rates by another 25 basis points," said Peter Grant, vice president and senior metals strategist at Zaner Metals. The Fed embarked on its policy easing cycle with an unusually large half-percentage-point rate cut in September.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

KitcoNewsNOW /  🏆 13. in CA

Gold Silver Platinum Palladium PGM Platinum Group Metals Metals Precious Metals Mining News Crypto News Bitcoin News Ethereum News Mining News Interviews Economic Reports Forecasts Central Banks US Dollar Charts Tech Metals Rare Earth Metals Currency Global Economy International Policy Politics Bank Forecasts Market Nugget Mining Minutes Roundups

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Gold extends fall to sixth day ahead of Fed, US inflation dataGold extends fall to sixth day ahead of Fed, US inflation dataThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »

Bitcoin and gold decline, stocks volatile as investors await Fed minutes and CPI dataBitcoin and gold decline, stocks volatile as investors await Fed minutes and CPI dataThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »

Stocks climb, Bitcoin and gold slip as Fed minutes reveal division on rate cutsStocks climb, Bitcoin and gold slip as Fed minutes reveal division on rate cutsThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »

Gold prices pare gains after Philly Fed survey rises to 10.3 in OctoberGold prices pare gains after Philly Fed survey rises to 10.3 in OctoberThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »

Gold stays steady despite U.S. election uncertainty and Fed policy expectationsGold stays steady despite U.S. election uncertainty and Fed policy expectationsThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »

Gold retreats as dollar surges on Trump victory, eyes on FedGold retreats as dollar surges on Trump victory, eyes on FedThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »



Render Time: 2025-02-23 11:04:17