Tag: US Fed rate cut

The Bombay Stock Exchange building on Dalal Street in Mumbai. (Bloomberg)
Posted in Business

A India-US trade deal, not Fed rate cut, matters more for India’s stock market, rupee| Business News

India’s stock markets are trading mixed after the US Federal Reserve delivered a third straight interest-rate cut, as investors tracked cues on progress of a…

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A dovish Fed is positive for precious metals, such as silver and  gold, which typically benefit from low rates as they don’t pay interest. (Unsplash)
Posted in Business

Gold prices up, silver hits record after US Fed delivers rate cut and leans dovish| Business News

Gold prices rose for a third day after the US Federal Reserve delivered a widely expected interest-rate cut on Wednesday, while silver climbed to a…

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US Federal Reserve Chair Jerome Powell. (Reuters)
Posted in Business

US Fed cuts interest rate by 25 bps to 3.5-3.75%| Business News

A divided US Federal Reserve has cut the interest rate by 25 basis points to a range between 3.50% and 3.75%, but the path for…

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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 has still gained more than 50% this year despite the recent pullback, and remains on course for the best annual gain since 1979. (Bloomberg)
Posted in Business

Gold holds three-day decline as expectations of another US Fed rate cut weaken| Business News

Gold prices held a three-day drop, hurt by fading expectations for another rate cut by the US Federal Reserve next month. Gold has still gained…

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Higher interest-rates tend to pose a headwind for non-yielding gold. (AFP)
Posted in Business

Gold price rises amid conflicting views on more US Fed rate cuts in 2025| Business News

Gold staged a partial recovery following a run of losses as traders weighed conflicting views from the US Federal Reserve on chances of more rate…

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