Fed Rate Cut Propels Gold to New Record Highs The precious metals market saw significant gains on Thursday, with gold hitting record levels after the Federal Reserve announced the start of its interest rate easing cycle. The Fed’s decision to cut rates by half a percentage point, coupled with projections of additional cuts through 2026, has bolstered gold’s attractiveness as an investment, pushing prices above $2,580 per ounce. « Previous Article Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts ZeroHedge: There's An Odd Chill In The Air – Dallas Fed Respondents Warn Of "Pending Doom" READ MORE IMF's Brighter Global Outlook: U.S. Strength and China's Stimulus Lead the Charge READ MORE Record Lows for Yen Trigger Stock Surge – But at What Cost? READ MORE Gold Rebounds on Rate Cut Expectations and Safe-Haven Appeal READ MORE Gold Recycling Rises in India During Wedding Season Amid High Prices READ MORE Add a Comment Cancel replyYour email address will not be published.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