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Gold Climbs to Fresh Record High as Traders Price in Potential Rate Cuts
Gold climbed sharply on Tuesday, touching a record high, as bets for U.S. interest-rate cuts led prices to fresh record highs and some analysts touted long-term prospects for further gains in the precious metal.
Gold Tops $2400 Amid Rate-Cut Hope: Is the Bull Run Over?
The anticipation of a Federal Reserve rate cut in September has invigorated the gold market, propelling prices above the $2,400 threshold for the first time since May 22nd. This surge followed the release of US Consumer Price Index (CPI) data on Wednesday, which fell short of Wall Street expectations and prompted the market to price in over a 90% chance of a rate cut in September.
GoldON Mobilizes Field Crew for Prospecting and Drill Hole Orientation at Its West Madsen Gold Project in Red Lake, Ontario
The eastern boundary of the West Madsen property is a 5 km drive from the Madsen gold mine and mill complex owned by West Red Lake Gold Mines (WRLG)Victoria, British Columbia--(Newsfile Corp. - June 6
GoldON Engages Technical Advisor for Its West Madsen Gold Project in Red Lake, Ontario
West Madsen's eastern boundary is a 5 km drive from the Madsen gold mine and mill complex owned by West Red Lake Gold MinesVictoria, British Columbia--(Newsfile Corp. - May 30, 2024) - GoldON Resource
GoldON Prepares to Drill Its West Madsen Gold Property, as Gold Price Hits All Time High
GoldON Engages Orix Geoscience for Drill Target Development at Its 100%-Owned West Madsen Gold Project in Red Lake, Ontario
The eastern boundary of the West Madsen property is a 5 km drive from the Madsen gold mine and mill complex owned by West Red Lake Gold MinesVictoria, British Columbia--(Newsfile Corp. - May 16, 2024)
Clement Lemons : ok
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