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Franco-Nevada Newsroom
Here comes the full text! Powell's press conference was quite hawkish, causing a major reversal in assets. What did he say exactly? (Chinese-English Comparison)
If the economy remains stable and inflation continues to exist, the Federal Reserve will switch to cutting interest rates more slowly; if the labor market unexpectedly weakens or inflation decreases faster than expected, it is also prepared to respond with aggressive interest rate cuts.
Express News | Spot gold touched the $2600 mark upward again, hitting a new historical high.
Why Gold Has Outperformed Gold Miners
After the Federal Reserve aggressively cut interest rates by 50 basis points, Powell triggered a violent pullback in the gold price! How should one trade gold next?
The gold market in New York experienced dramatic volatility during Wednesday's session. After the Federal Reserve cut interest rates by 50 basis points, spot gold briefly hit a new all-time high. However, Powell's speech caused the price of gold to plummet significantly from its high, falling below $2,550 per ounce at one point. FXStreet analyst Christian Borjon Valencia pointed out that the price of gold briefly reached a historical high of $2,600 per ounce. However, buyers were unable to break through this level, which may pave the way for a pullback in gold prices.
Shocking! Gold price plunges over $53 after Powell's speech from historical highs. What's going on?
#Gold Technical Analysis ##Fed Policy Shift#24K99 News After a 50 basis point rate cut by the Fed on Wednesday (September 18th), Fed Chairman Powell hinted that policy makers were not in a hurry to significantly reduce interest rates, and the gold price fell sharply from its historical high by more than 53 dollars.
The Federal Reserve has made a rare and significant cut of 50 basis points! Powell: Don't think this is a new pace of rate cuts.
Federal Reserve Chairman Powell's hawkish comments indicate that the Fed's economic forecast summary does not indicate any urgency to cut interest rates. Monetary policy decisions will be driven by data, and rate cuts will be accelerated, slowed down, or paused as needed. He stated that the increased downside risks to US employment are worth watching, and the subsiding upside risks to inflation are encouraging, but the fight against inflation is not yet won. The Fed does not have a predetermined policy path and will decide on actions at future meetings.
Shares of Gold Stocks Are Trading Higher in Sympathy With Overall Market Sentiment After the Fed Policy Decision to Cut Rates by 50 Basis Points.
Gold Has Been Pricing in 50bps Cut From Fed: Strategist
Leading institutions: as long as this level is maintained, the price of gold may still have a large increase of nearly $30.
#Gold Technical Analysis# At the early European session on Wednesday (September 18), spot gold rose in the short term, and the price of gold once again returned to above $2570 per ounce.
Will the Federal Reserve welcome its first interest rate cut in four years? Will gold have a bright future?
Not just a simple rate cut! This Fed meeting has a lot of information, investors must fasten their seat belts tonight.
Is the Fed's rate cut cycle "terrifying"? Analyst at ANZ Bank: Gold prices will explore $2,900!
ANZ analyst said that investors should pay attention to the overall interest rate trend, whether the interest rate is cut by 25 or 50 basis points this week, and there will be further interest rate cuts in 2025. The price of gold will rise to $2900 by the end of next year.
Wall Street's "short god": If Harris is elected, he will hold gold and cash.
During the financial crisis, the Wall Street 'God of the Void' Paulson warned that Harris's economic policies would cause investors to panic and lead to the collapse of american financial. If she wins, he will withdraw his money from the market.
There has been a major 'terrorist attack' in the Middle East! After a sharp decline, the price of gold has bounced back strongly. The Federal Reserve decision is coming up. How to trade gold?
On Tuesday, due to the pressure from stronger-than-expected US retail sales, spot gold fell sharply to nearly $2560 per ounce, but later the price of gold significantly rebounded from its low point and closed near $2570 per ounce.
Gold Is Giving You a Once-in-a-generation Buying Opportunity on Its Way to 4,400
How Gold Prices May React to the Upcoming Fed Decision
Gold has a short-term pullback to reverse its gains! FXStreet analyst: Gold RSI is close to overbought territory, be cautious of a deeper correction ambush.
On Tuesday, gold fell back to $2571 in the European market, and analysts warned that the gold price RSI is close to overbought and may face deeper corrections.
Gold Slumbers in $2,580s Ahead of US Data, Fed Decision
Goldman Says Gold May Dip If US Fed Opts for Quarter-point Cut
Small cap stocks dance in the wind: market ignited by expectations of a 50 basis point Fed rate cut.
The optimistic sentiment of the Fed cutting interest rates by 50 basis points this week has driven the performance of small cap stocks. However, the expectation of a 50 basis point rate cut needs to become a reality in order to avoid a blow to small cap stocks.
Goldman Sachs responds to 'counter-accusation' questioning: it is not absurd for gold to rise to $2700.
Goldman Sachs continues to maintain a bullish view on gold, but also warns that if the Federal Reserve cuts interest rates by 25 basis points this week, the price of gold may face a short-term pullback.