Why do countries have a gold reserve? Countries maintain gold reserves for several reasons. Firstly, gold is considered a stable and reliable store of value. By holding gold, countries can instil ...

Gold hits new all-time high at $2,586 amid rising expectations of a significant Fed rate cut, with a 43% chance of a 50 bps reduction. US Treasury yields fall, US Dollar Index drops to 101.09 ...

(Bloomberg) -- Gold rose to another record high, building on Thursday’s surge of nearly 2% as traders added bullish wagers ahead of a widely expected Federal Reserve interest-rate cut next week.

Gold is one of the most vital metals in the world and a unique asset, with the ability to enhance portfolio diversification, act as store of value, and hedge against systemic risk. In 2024, gold ...

Gold prices jumped to fresh all-time record highs Thursday, as traders anticipate an interest rate cut by the Federal Reserve next week after this week's data indicated a slowing U.S. economy. The ...

Gold hits new all-time high as US jobless claims and producer inflation data reinforce a likely Fed rate cut. US Dollar Index (DXY) falls 0.29%, while US Treasury yields rise, with the 10-year T ...

Gold's rally continues, reaching a record high of $2,559 after breaking out of consolidation, with analysis pointing to potential targets including 2,724. Gold follows through to the upside on ...

Global’s Gold is now officially known as Gold Radio with a new logo, new strapline and new jingles. The Greatest Hits of all Time strapline has been replaced by “All Time Classics” and a new ...

That's good for consumers looking to take out a mortgage or swipe a credit card, but what about for investors — specifically those looking to buy gold? To date, rising inflation has been a boon ...

China will "crush" any foreign incursion into its sovereign territory including in the South China Sea, a senior Beijing military official said Thursday on the sidelines of a defense forum. "We hope ...