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Gold Hits 1-Month High
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 further, following a soft core inflation reading this week that increased bets for a more dovish Federal Reserve policy.
The latest inflation data puts the US economy back in the 'Goldilocks' zone
The latest inflation report slashed the risk that the Fed could go back to hiking interest rates this year, Wall Street strategists say.
Gold Hits One-Month High as Dollar Slides on Inflation Data
Gold prices surged to a one-month peak on Thursday, nearing $2,700 per ounce, as softer U.S. inflation data fueled hopes of lower interest rates in 2025. Spot gold rose to $2,697.45 an ounce, while February gold
Gold pares gains as investors digest US inflation data
Gold prices pared gains on Wednesday after a U.S. consumer inflation report offered mixed signals about the future path of rate cuts this year, even as a drop in the U.S. dollar and Treasury yields limited bullion's losses.
Dozens of Dead Pulled From Illegal South African Gold Mine
Rescuers try to free men trapped in South African gold mine with scores reported dead
The South African government has launched a rescue operation at an abandoned gold mine in the country’s North West province, where at least 109 men have died, a group representing the miners said, after local authorities cut off vital supplies in a dramatic bid to crack down on the country’s illegal mining trade.
Dozens of Dead Pulled From Illegal South African Gold Mine After Standoff With Authorities
The prospectors were trapped underground for months as police, on orders from South Africa’s government, attempted to starve them out.
South Africa tried to pressure informal gold miners by cutting off food. Now it's pulling out bodies
Rescuers and volunteers have pulled at least 78 dead miners and more than 160 survivors from an abandoned South African gold mine.
6h
Gold hits one-month high as prospects for Fed cuts rise on softer US inflation data
Gold prices firmed near one-month highs hit earlier on Thursday after a softer-than-expected core U.S. inflation print ...
4h
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 ...
23h
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.
7h
Higher gold prices push TSX futures up
Futures for Canada's main stock index inched up on Thursday, tracking Wall Street counterparts, as higher gold prices propped ...
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
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 ...
9h
on MSN
Gold holds near 1-month peak on further US rate-cut hopes
Gold prices were steady on Thursday after hitting over one-month highs, as softer U.S. core inflation data lifted ...
1d
Gold: An Unusual 2024 Unlikely To Be Repeated
Gold showed strong growth in 2024, driven by central bank demand and currency diversification. See why I rate gold a "hold" ...
3d
Can Gold Prices Drop 30%?
Gold prices rose to the highest levels in around four weeks recently to $2,700 per ounce. Recent shifts in equity markets and ...
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 ...
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