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 Ron Paul Urges End to Fed, Don't Tax the Rich READ MORE Rising Economic Activity Challenges Central Bank Rate Cut Plans READ MORE Gold Retreats as Dollar Gains Strength; Investors Eye Nvidia and U.S. Inflation Data READ MORE The Latest Inflation Breakdown READ MORE UBS Forecasts Commodity Rally Driven by Strong Fundamentals READ MORE Add a Comment Cancel replyYour email address will not be published.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