Gold prices on the Milti Commodity Exchange (MCX) slipped in early trade on Thursday after a stronger US dollar and the Federal Reserve’s October meeting minutes cooled expectations for a December rate cut. MCX December gold futures were trading around ₹1,22,768 per 10 grams in morning trade, while silver futures…
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Gold’s Appeal Grows with Fed Rate Cut Hopes and Dollar Softness
Gold prices edged higher on Friday, supported by a softer U.S. dollar and rising market expectations that the Federal Reserve will cut interest rates again before the year ends. The move reinforced gold’s traditional status as a safe-haven asset amid economic uncertainty. At 13:15 GMT, spot gold climbed 0.5% to…
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Fed Cuts Rates Again, Powell Hints No December Easing
The US Federal Reserve has approved its second consecutive interest rate cut, lowering the benchmark federal funds rate to a range between 3.75% and 4%. However, Fed Chair Jerome Powell has signaled uncertainty over whether another reduction will follow in December, dampening market optimism. Rate Cut Aimed at Supporting Slowing…
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US ISM Manufacturing PMI September 2025: What to Expect
The United States will release its closely watched ISM Manufacturing PMI for September 2025 on Wednesday, October 1, at 15:00 UK time. The monthly survey, published by the Institute for Supply Management, tracks factory activity and is considered a vital indicator of America’s industrial health, inflation pressures, and future monetary…
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Gold Holds Below Record Highs Ahead of Fed Rate Cut Decision
New Delhi, Sept 15: Gold prices steadied below record highs on Monday as global investors waited for the US Federal Reserve’s key interest rate decision later this week. The precious metal hovered around $3,645 per ounce, consolidating gains made after last week’s all-time peak of nearly $3,675. Fed’s Policy Decision…