LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Gold gains ground on Fed’s rate cut and lower treasury yields – London Business News | London Wallet

Philip Roth by Philip Roth
September 19, 2024
in UK
Gold gains ground on Fed’s rate cut and lower treasury yields – London Business News | London Wallet
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

Retail sales volumes rise – London Business News | London Wallet

Labour’s ‘disastrous tax policies’ closes more than 6,000 farms – London Business News | London Wallet

Elon Musk apologises after global Starlink outage – London Business News | London Wallet

Gold is trading higher today, rebounding after a brief decline from record levels.

This rise follows the U.S. Federal Reserve’s first interest rate cut in years. The Fed announced a 50 basis point reduction which generated some volatility.

While expectations continue to point to several interest rate cuts during the next few months, Fed Chair Powell has emphasized that the central bank is in no rush to ease monetary policy further and has advised caution in interpreting future policy moves.

Gold’s increase is also supported by a weakening U.S. dollar and falling Treasury yields, creating a favourable environment for the precious metal.

Other major central banks’ monetary policy decisions could also affect investors’ sentiment and gold’s appeal compared to other assets. Additionally, ongoing concerns about economic slowdowns in the U.S. and China, coupled with rising tensions in the Middle East, continue to contribute to gold’s attractiveness as a safe-haven asset.



Source link

Share30Tweet19
Previous Post

Here are Thursday’s biggest analyst calls: Nvidia, Tesla, Apple, Nio, DoorDash, Robinhood, Alphabet, Micron & more

Next Post

U.S. crude oil rises nearly 1%, trades above $71 per barrel after Fed rate cut

Philip Roth

Philip Roth

Recommended For You

Retail sales volumes rise – London Business News | London Wallet
UK

Retail sales volumes rise – London Business News | London Wallet

July 25, 2025
Labour’s ‘disastrous tax policies’ closes more than 6,000 farms – London Business News | London Wallet
UK

Labour’s ‘disastrous tax policies’ closes more than 6,000 farms – London Business News | London Wallet

July 25, 2025
Elon Musk apologises after global Starlink outage – London Business News | London Wallet
UK

Elon Musk apologises after global Starlink outage – London Business News | London Wallet

July 25, 2025
‘Jeremy Clarkson and I never got along,’ says Steve Berry – London Business News | London Wallet
UK

‘Jeremy Clarkson and I never got along,’ says Steve Berry – London Business News | London Wallet

July 25, 2025
Next Post
U.S. crude oil rises nearly 1%, trades above  per barrel after Fed rate cut

U.S. crude oil rises nearly 1%, trades above $71 per barrel after Fed rate cut

Related News

How to watch Arsenal vs Chelsea for FREE: League Cup final TV channel and live stream

How to watch Arsenal vs Chelsea for FREE: League Cup final TV channel and live stream

March 31, 2024
Cointelegraph Accelerator welcomes Web3 venture builder GAMI as a strategic partner

Cointelegraph Accelerator welcomes Web3 venture builder GAMI as a strategic partner

June 19, 2023
Estonia stops Russian special forces ‘hybrid operation’ on NATO soil

Estonia stops Russian special forces ‘hybrid operation’ on NATO soil

February 20, 2024

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?