CNBC Daily Open: Global central banks are cutting rates — the Fed might not be as inclined
Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which ...
Citi raises gold forecasts on tariff uncertainty, central bank demand
Citi Research has raised its near-term and 2025 average gold price forecasts, citing trade wars and geopolitical risks under ...
Gold demand hits record levels as central banks buy at 'eye-watering' pace
"Central banks continued to hoover up gold at an eye-watering pace" in 2024, according to a report by the World Gold Council, as purchases accelerated sharply in the fourth quarter. Total demand last ...
Gold Extends Records As Central Banks Rush To Buy Bullion, Miners Eye Sixth Straight Winning Week
Gold's momentum shows no signs of slowing. The bullion – as tracked by the SPDR Gold Trust (NYSE:SPY) – continued its ...
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Gold Prices Soar to Record Highs Amid Central Bank Demand and Dollar Weakness
Gold priceshit a fresh all-time high on board-based US dollar selling. It hits a high of $2877 and currently trading around $2876. Central Bank Purchases and Demand Trends As of February 5, 2025, ...
Why central banks' hunger for gold shows 'no sign of being quelled' this year
Central banks stretched their gold-buying streak to a 15th consecutive year in 2024, contributing to a rise in total demand for the precious metal to its highest annual level on record - with no sign ...
Gold Hits An All-Time Record $2865/Oz Thanks To Central Bank Buying
Central banks stormed back into the gold market in the final three months of last year, playing a key role in the metal ...