50-Point Rate Cut Back on the Table — Gold Hits Record Highs The dollar weakened and gold reached a record high as investors reassessed the likelihood of a significant interest rate cut by the Federal Reserve next week. Reports from major financial publications suggested the decision could be closer than previously thought, causing a shift in market expectations. This led to a rally in stocks, Treasury prices, and commodities, while the dollar fell to its lowest point this year against the yen. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold and Silver Reach Two-Week High READ MORE Zimbabwe's ZiG: ZiG Used to Pay for 40% of Transactions READ MORE Japan's Gold Market Transformation: From Major Importer to Net Exporter READ MORE Crude Market Heats Up: WTI Climbs 3.3% as Supply-Demand Gap Narrows READ MORE Gold Hits Record $2,400 as Middle East Tensions Heighten READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment