Tag #Gold Price

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zeit.de
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DAX Rises After Fed Interest Rate Cut, Gold Price Falls

Following the US Federal Reserve's first interest rate cut of the year, the DAX rose 1.2 percent to 23,644 points, while gold prices, after briefly hitting a record high, fell approximately $22 to $3,637 per ounce.

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thetimes.com
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Kier Group Reports Profit Rise Amidst UK Economic Slowdown

Kier Group, a FTSE 250 construction firm, announced a 15% increase in pre-tax profits to £78.1 million for the year ending June 2024, while revenue grew by 3% to £4.1 billion; this comes as UK job and wage growth slows and the Competition and Markets Authority investigates a major student housing me...

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forbes.com
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Gold Price Surges Past $3,550, Poised for Further Growth

Gold prices have exceeded $3,550 per ounce, fueled by central bank purchases, constrained supply, and investor demand, potentially reaching $4,250.

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48% Bias Score

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cnn.com
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Gold Prices Hit Record High Amidst Dollar Weakness and Fed Rate Cut Expectations

Gold prices surged past \$3,500 per ounce on Tuesday, driven by a weaker US dollar and anticipation of a Federal Reserve interest rate cut in September, marking a 30% increase this year.

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36% Bias Score

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elmundo.es
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Soaring Gold Prices Amidst Global Economic Uncertainty

Global economic uncertainty, fueled by potential changes in US Federal Reserve leadership and high public debt levels in major economies, is driving investors towards safe haven assets like gold, which has surged 32% this year, reaching record highs.

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44% Bias Score

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gr.euronews.com
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Gold Price Hits Record High Amidst US Dollar Uncertainty

On Tuesday, gold reached a record high of $3,508.50 per ounce, driven by anticipated US Federal Reserve interest rate cuts and investor uncertainty, highlighting a potential shift away from the US dollar as a global reserve currency.

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40% Bias Score

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corriere.it
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Gold Prices Surge Amidst Geopolitical Uncertainty and US Dollar Weakness

The price of gold has increased by 40% year-to-date, reaching over \$3,659 per ounce, driven by geopolitical tensions and a weakening US dollar as investors shift away from US Treasuries.

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t24.com.tr
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US Gold Prices Hit Record High Amidst Cooling Labor Market Signals

Cooling US labor market signals, as evidenced by weaker-than-expected nonfarm payroll data and a decline in job openings, have driven gold prices to a record high of $3,600 per ounce, fueled by expectations of more significant Federal Reserve easing.

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44% Bias Score

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thetimes.com
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Global Market Update: Nestlé CEO Dismissal, Energy Share Sales, and More

Nestlé's CEO was dismissed following a code of conduct breach, impacting share prices; Delek and Eni sold Ithaca Energy shares; Centrica extended nuclear power contracts; Suntory's CEO resigned amid a cannabis investigation; Oxford Nanopore is on track with targets; Tesla's India sales lag; and gold...

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bbc.com
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Gold Price Hits Record High Amidst Global Economic Uncertainty

The price of gold reached a record high of $3,508.50 per ounce on Tuesday due to strong investor demand amid global economic uncertainty fueled by US trade policies and concerns over the Federal Reserve's independence.

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40% Bias Score

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liberation.fr
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Gold Prices Hit Record High Amidst US Economic Uncertainty

Gold prices surged to a record high of \$3,501.59 per ounce on September 2nd, driven by expectations of lower US interest rates, concerns over the Federal Reserve's independence, and a recent court ruling against Trump-era tariffs.

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40% Bias Score

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cbsnews.com
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Factors Suggesting a Potential Near-Term Gold Price Decrease

Gold prices, currently at $3,395.31 per ounce (a 64% increase since January 2024), may drop this August due to cooling inflation, easing geopolitical tensions, and potentially reduced investor demand; the August 12 inflation report is key.

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44% Bias Score

Reduced Inequality

Showing 1 to 12 of 46 results