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 Central Banks' Gold Rush Propels Prices to Unprecedented Levels READ MORE Stocks Tumble Following Latest Jobs Report READ MORE US Jobless Claims Decline Again, Signaling Labor Market Strength READ MORE Copper Prices Hit Record Highs Indicating Economic Resurgence READ MORE Markets on Edge: Continuing Coverage of Regional Banking Crisis READ MORE Add a Comment Cancel replyYour email address will not be published.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