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 Powell Signals Potential Rate Cuts Pending Inflation Control READ MORE BullionStar In the News – Mediacorp Channel 8 April 17th, 2024 READ MORE 446 Days and Counting: Recession Signal Fails to Predict Economic Downturn READ MORE Teen Workforce Grows as Inflation Pressures Family Budgets READ MORE NYCB Sheds Mortgage Servicing Arm in $1.4B Deal with Mr. Cooper READ MORE Add a Comment Cancel replyYour email address will not be published.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