Gold Sets A New Record As Prices Rise Higher

BenzingaSep 13 09:44 ET

Commodity Roundup: Gold Notches Record High on Large Rate Cut Bets, Oil Eyes Weekly Gain

Seeking AlphaSep 13 06:12 ET

Technology stocks led the S&P to four consecutive gains, Oracle reached a new high after hours, the US dollar and US bonds fell, gold hit a new high, and commodities rose.

In August, the PPI in the United States showed a cooling down of inflation, and the market slightly raised its bets on the Fed's aggressive interest rate cuts. US stocks rose together, with Nvidia up nearly 2%, while NIO Inc and XPeng fell more than 5%. The European Central Bank cut interest rates for the second time this year, but maintained a restrictive policy. European bonds fell, and the euro rebounded from its four-week low. Commodities rose across the board, with US oil briefly rising by 3.7%, gold reaching a new high with a nearly 2% increase, palladium rising by over 4%, and copper experiencing its largest two-month increase.

wallstreetcnSep 12 19:04 ET

Gold Rallies to Another Record High; Analyst Says Could Go 'a Lot Higher'

Seeking AlphaSep 12 17:55 ET

Gold Miners Eye Best 1-Day Rally In 6 Months As Gold Hits Fresh Record Highs: 'Today's Environment Closely Resembles The 1970s'

BenzingaSep 12 12:22 ET

Signet Jewelers Posts Better-Than-Expected Earnings, Joins NETGEAR, Lovesac And Other Big Stocks Moving Higher On Thursday

BenzingaSep 12 10:45 ET