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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
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.
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.
Death toll rises to 87 as standoff between police and miners ends in South Africa
Police say the death toll in a monthslong standoff between authorities and miners trapped while working illegally underground at an abandoned gold mine in South Africa has risen to at least 87
9h
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 ...
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 ...
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
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 ...
1h
on MSN
Operator Error Blamed for Elevator Incident That Led to Death of Guide at Former Colorado Gold Mine
Authorities say an incident involving an elevator at a former Colorado gold mine that led to the death of a tour guide and trapped a group of tourists for hours last year was caused by “operator error ...
1d
Gold Miners Reaping A Record Cash Harvest
Cash harvesting sounds more like farming than mining but that’s the point reached by goldmining companies after three years ...
11h
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
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
Gold Star families devastated by Biden's botched Afghanistan withdrawal endorse Hegseth for SecDef
Gold Star families who lost loved ones during the Biden administration's botched withdrawal from Afghanistan endorsed Pete ...
8h
Societe Generale plans partial return to gold trading, sources say
Societe Generale , France's third-biggest listed bank, is planning a partial comeback to gold trading after quitting the ...
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