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Gold Hits Record Peak, Silver Jumps

Gold prices hit an all-time high on Monday as a slowing US inflation trend boosted expectations that the Federal Reserve could deliver its first interest rate cut soon, while silver scaled a more than 11-year peak. Spot gold was up 0.9% at $2,436.76 per ounce, as of 0340 GMT after hitting a record high of $2440.49 earlier in the session. US gold futures rose 1% at $2,440.60, Reuters reported. ....

Wang Tao , Kyle Rodda , Matt Simpson , Federal Reserve , City Index ,

Gold hits record peak as rate-cut bets burnish appeal, silver jumps

Gold prices touched a record high on Monday as recent economic data boosted bets for interest rate cuts by the U.S. Federal Reserve, while silver followed suit and surged to a more than 11-year high. Spot gold rose 1% to $2,438.41 per ounce, as of 0852 GMT, after hitting a record high of $2,449.89 earlier in the session. Data showed that U.S. consumer prices increased less than expected in April, suggesting that inflation resumed its downward trend in a boost to expectations for a September interest rate cut. ....

Kyle Rodda , Krishna Chandra Eluri , Matt Simpson , Sohini Goswami , Sherin Elizabeth Varghese , Federal Reserve , Sherin Elizabeth , City Index ,

Gold hits record peak as investors anticipate US Fed rate cut

Gold hits record peak as investors anticipate US Fed rate cut
gulfbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfbusiness.com Daily Mail and Mail on Sunday newspapers.

Wang Tao , Kyle Rodda , Matt Simpson , Federal Reserve , City Index ,

Rate cut bets add to gold's lustre

Soft dollar and expectation of US rate cuts support bullion, while silver climbs to more than 11-year high ....

Wang Tao , Kyle Rodda , Matt Simpson , Federal Reserve , City Index ,

Why cybersecurity is front and centre for rail

A look into the state of cybersecurity in the rail sector, and how companies are trying to stay one step ahead of bad actors. ....

Skane Lan , Matt Simpson , Robert Morgan , Li Destri , Ben Kaintoch , Eric Vittorio Li Destri , Security Of Network , Company Profiles , Company Profile , Ministry Of Defence Mo , Viavi Solutions , Government Communications Headquarters , Italian State Railways , Danish State Railways , Information Systems ,