With both assets leading the market, here's a closer look at the factors driving their remarkable performance.
The price of gold rose to a fresh record high of more than $2 609 on Friday as the prospect of fresh US interest rate cuts boosted demand for the precious metal.
It's a stark contrast to several weeks ago when global equity markets suffered a savage pullback at the start of August as a scare about the health of the U.S. economy dovetailed with a sudden surge ...
Spot gold prices hit a record high on Friday as a weak dollar, expectations of more U.S. interest rate cuts and tensions in ...
Goldhits fresh all-time high on weak US dollar.It hit a high of $2612 and is currently trading around $2605. The number of ...
The euphoria in equity markets following the Federal Reserve’s interest-rate cut is stoking the risk of a bubble, making ...
Spot gold was up 0.7% at $2,604.50 per ounce by 0749 GMT after hitting a record high of $2,609.62. U.S. gold futures rose 0.6% to $2,630.00, while silver gained 1.1% to $31.12.
Gold prices rose on Friday, maintaining an upward trend supported by the start of the Federal Reserve's easing cycle, which ...
Economist Lauren Saidel-Baker says Fed’s preferred measure of inflation still remains above 2% target - Anadolu Ajansı ...
Gold hovered near record levels on Friday and was on track for a weekly gain after the U.S. Federal Reserve's recent ...
Metal on track for weekly gain after the Federal Reserve’s recent supersized interest rate cut and on signs that further cuts ...
ASX mining and tech sectors led gains while banks also climbed. Myer shares dropped 4pc after sales decline, Harvey Norman ...