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Tag: Gold Prices

Gold Prices Surge Towards Record Highs on Fed Rate Cut Hopes

On 2024-07-18 By Aifin In Markets

Gold prices climbed higher on Thursday, buoyed by expectations of a September interest rate cut from the US Federal Reserve. Spot gold gained 0.3% to $2,466.33 per ounce, edging closer to its all-time high of …

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Global Stocks Surge on Strong US Jobs Data, UK Labour Wins Landslide Victory

On 2024-07-07 By Aifin In Markets

Global stocks climbed on Friday, with US Treasury yields dipping after a strong jobs report boosted expectations of a Federal Reserve interest-rate cut. The S&P 500 and Nasdaq hit fresh closing highs, led by communication …

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