Gold posts record-high finish, lifted by Fed rate-cut hopes, Middle East violence

Date:

July 31, 2024

Gold futures settled sharply higher in Wednesday dealings, with prices teasing a fresh record-high finish, as expectations for a U.S. interest-rate cut in the coming months and violence in the Middle East lifted the precious metal’s investment appeal.

Source link

Donald Trump Says Kamala Harris ‘Used to be Indian…Until a Few Years Ago’ When ‘She Happened to Turn Black’ During Contentious NABJ Panel

Nadalcaraz Olympic partnership ends as doubles skill overcomes tennis talent

Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Gold posts record-high finish, lifted by Fed rate-cut hopes, Middle East violence

Recent posts

ADP jobs report shows 143,000 gain. Cooling U.S. labor market leads to slower wage increases.

French stocks and bonds slip after deadlocked election

Eli Lilly’s Mounjaro cuts risk of developing Type 2 diabetes, study finds

Israel’s attack on Iran spares oil, nuclear facilities and probably markets too

Strong fertility, contact-lens sales help fuel stock rally for Cooper Companies

Urban Outfitters is departing from its ‘alternative sensibility’ to turn around namesake stores

Want to make more than $150,000? Job hopping may be your best bet — but it’s harder than it used to be.

GameStop’s stock continues its rise, registering longest winning streak in four months

Constellation Brands books large loss on wine and spirits, but beer sales rise

Zenas BioPharma sets price range for $200 million initial public offering

Olive Garden parent Darden’s Q1 earnings fall short after ‘significant’ drop in traffic in July

PepsiCo probably raised its prices too much, and now it’ll have to pay, analyst says

The owner of Bed Bath & Beyond and Overstock says it’s winning back customers, and shares are rallying

At Ross, ‘value offers’ worked, but discount retailer sounds cautious for the rest of the year

Moody’s lifts outlook on four big regional banks to stable from negative

Related articles

Investors are bracing for higher-for-even-longer interest rates

RFK Jr. is not a fan of weight-loss drugs or vaccines. Stocks are tanking.

Manufacturing activity surges in New York region to highest level in nearly three years

RFK Jr. would rattle health markets as head of HHS, but his confirmation is far from certain, analyst says

Vaccine-maker stocks like Moderna, Pfizer drop as Trump picks RFK Jr. to lead HHS

Powell says Fed doesn’t need to hurry to cut interest rates

Biogen’s stock rises after E.U. regulator reverses negative view of Alzheimer’s drug

Off-price retailers could thrive, BofA says, citing this bullish data point

Company

Follow us