Jordan Finneseth is a Crypto Market Reporter for Kitco Crypto. Coming from a background in Psychology and Human Behavior, he began to focus his attention on the cryptocurrency space in early 2017 after noticing the rapid growth of this emerging market.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Gold hits a record $2,615.26 as Fed rate cuts fuel demand. Experts predict a bullish run, with prices eyeing $2,700 and strong support at $2,546.
Gold (XAU) edges toward $2,600 as Fed rate cuts pressure the US Dollar, boosting investor interest in safe-haven assets. Can this bullish trend hold?
Jordan Finneseth is a Crypto Market Reporter for Kitco Crypto. Coming from a background in Psychology and Human Behavior, he began to focus his attention on the cryptocurrency space in early 2017 after noticing the rapid growth of this emerging market.
Gold retested highs after Wednesday's bearish reversal. A breakout above 2,600 would signal strength, while failure may lead to a retracement toward key support levels.
Jordan Finneseth is a Crypto Market Reporter for Kitco Crypto. Coming from a background in Psychology and Human Behavior, he began to focus his attention on the cryptocurrency space in early 2017 after noticing the rapid growth of this emerging market.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Amid broader-market tailwinds, December-dated gold futures were last seen 0.6% higher at $2,615.90, enjoying a lift following the U.S. Federal Reserve's 50 basis-point rate cut.
Gold traders stay bullish after the 50 bps rate cut from the Fed.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.