Tag: bullion market

Gold has consolidated above the $4,000-an-ounce level since pulling back from its peak. (AFP)
Posted in Business

Gold poised for fourth monthly gain on US Fed rate-cut optimism| Business News

Gold rose, on track for a fourth monthly gain, on heightened expectations for another interest-rate by the US Federal Reserve. Silver advanced to within a…

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Gold is still up about 55% this year and remains on target for its best annual performance since 1979. (AFP)
Posted in Business

Gold prices steady after two days of losses on dwinding US Fed rate cut bets| Business News

Bullion steadied following two days of losses that were spurred by fading optimism the US Federal Reserve will cut interest rates next month. Gold is…

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