The gold in deep storage is held as an asset of the United States at a book value of $42.22 per troy ounce. The book value has been a constant $42 2/9, or $42.2222, per fine troy ounce since 1973, ...
The Federal Reserve's recent rate cuts have renewed interest in gold investing. But prices have pulled back from their late-2024 peaks, leaving many investors wondering about the market's ...
Gold fell for a second day as comments from Federal Reserve officials over the weekend reinforced the view the US central bank will take a more cautious approach to cutting rates in 2025. Bullion ...
Gold futures rise despite a stronger U.S. dollar, as the market awaits the first Federal Reserve meeting of the year. Futures are up 0.2% to $2,772.40 a troy ounce.
Continuous gold futures on the New York Mercantile Exchange rose 1.9% to $2,845.80 a troy ounce in European afternoon trading, having reached as high as $2,846.90 earlier in the session. The prior ...