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U.S. Rate Cut Drives Gold Rally
Gold extends gains over 1% as US PPI data solidifies rate cut hopes
Gold rose over 1% on Friday after a U.S. inflation data cemented prospects of a rate cut next month, restraining the dollar below recent highs, while safe-haven demand stemming from the geopolitical tensions in the Middle East also lifted the bullion.
Gold Gains Amid Weaker U.S. Dollar, Mixed Data
Gold futures traded higher, but remained on track to end the week marginally lower on a weaker dollar and mixed U.S. data, with markets increasing bets that the Fed will cut rates by 25 bp at its meeting in November.
Gold Monthly: U.S. Rate Cut Drives Gold Rally
Global physically-backed gold ETFs saw their fifth consecutive month of net inflows in September. Click to read.
Gold extends gains as rate cut bets strengthen after US economic data
Gold prices extended gains on Thursday after traders added to bets that the Federal Reserve will deliver an interest-rate cut next month following the latest U.S. economic data.
Colorado, gold mine
12 rescued from former Colorado gold mine after fatality during tour
According to authorities, the incident occurred when an elevator shaft had a mechanical issue that "created a severe danger for the participants."
Tour guide killed after elevator malfunctions underground in Colorado gold mine: Sheriff
The individuals were part of a tour group and became stuck near the bottom of Mollie Kathleen Gold Mine in Cripple Creek on Thursday, according to officials.
Safety questions after deadly gold mine malfunction in Colorado
Investigators were trying to figure out why an elevator malfunctioned at a historic gold mine near Cripple Creek, Colo., killing a tour guide and trapping a dozen people for hours. NBC News' Liz Kreutz reports.
1d
on MSN
3 big risks of waiting for gold prices to fall
If you're waiting for gold prices to drop before buying in, you may want to rethink that strategy. Here's why.
2d
Gold price today: Gold is down 1.06% today
Gold is up 26.74% from the beginning of the year, as of 9 a.m. ET. The 52-week intraday high reached $2,685.61 on Sept. 26, ...
1d
on MSN
Gold gains as dollar off 2-month highs on Fed rate cut expectations
Gold extended gains after the release of the latest data on U.S. producer prices on Friday, as the U.S. dollar pulled back ...
17h
on MSN
A tour guide died after visitors were trapped in a 1,000-foot-deep Colorado gold mine. What happened?
The group was roughly halfway to the bottom of the Mollie Kathleen Gold Mine in the town of Cripple Creek when the mechanical ...
2d
on MSN
Should you invest in gold before the November Fed meeting?
With another rate cut likely for the Fed's November meeting, some investors may want to turn to gold now. Here's why.
2d
on MSN
Gold drifts higher after data supports US rate-cut bets
Gold prices climbed on Friday after recent data supported bets for a Federal Reserve interest rate cut next month, while ...
1d
Should Gold Be A Part Of Your Portfolio? (Part 3)
People often consider investing in gold. Is that a smart move? Will gold improve your investment portfolio or should you ...
1d
Golden times for gold fans
Prices for the metal have shot up this year even as inflation risks have receded, prompting calls to give it more respect ...
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