Gold prices top stories

Gold Prices Today: Yellow metal set for third weekly gain, holds above $2,400 pivot on US Fed rate cut bets

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Gold Prices Today: Yellow metal set for third weekly gain, holds above $2,400 pivot on US Fed rate cut bets

Gold prices held above the key $2,400 per ounce pivot on Friday and were headed for their third straight weekly gain, as investors grew confident that the U.S. Federal Reserve was on track to lower interest rates soon. Spot gold was steady at $2,413.73 per ounce as of 12:11 p.m. ET (1611 GMT). The bullion … Read more

Gold Outlook: Global instability spurs surge in yellow metal’s prices; will countries return to gold standard?

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Gold Outlook: Global instability spurs surge in yellow metal’s prices; will countries return to gold standard?

Gold has outperformed all other asset classes in the current calendar year so far, not only maintaining its physical allure but also generating substantial returns. At the start of 2024, the price of spot gold was trading at $2,062 per ounce, while it is now valued at $2,391 per ounce, marking a rise of 16%. … Read more