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Gold prices gain as traders assess hopes for sizeable Fed rate cut

Gold climbed for a fourth straight day on Thursday as investors held onto hopes the Federal Reserve would trim interest rates by a significant margin this year, even after the U.S. central bank pushed.

Gold surges on US interest rate cut hopes

Gold surges on US interest rate cut hopes
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Indian rupee holds near 83/dollar, crucial US inflation data in focus

Indian rupee holds near 83/dollar, crucial US inflation data in focus
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Rupee holds near 83/dollar, crucial US inflation data in focus

​The Indian rupee ended little changed against the dollar on Thursday, ahead of the key U.S. inflation data that could potentially help investors reassess the outlook for interest rates in the world s largest economy.

Gold in 2024: Rate cuts, central bank buying, geopolitics, polls to unleash a bigger bull run

The World Gold Council estimated that the central bank buying added around 10 percent or more to gold’s performance, and will likely continue buying

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