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.

Analysts NotebookJul 12 11:23 ET

Soaring Debt and Deficits Are Investors' Biggest Portfolio Risk - SA Sentiment Survey

Seeking AlphaJul 12 10:30 ET

Exchange-Traded Funds Higher, Equity Futures Mixed Pre-Bell Friday as Big Bank Earnings Kick Off Earnings Season

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.1% and the actively traded Invesco QQQ Trust (QQQ) was 0.1% higher in Friday's premarket activity, as big bank earnings

MT NewswiresJul 12 08:31 ET

Fund Investors Have Added More to Bonds Than to Equities Year-to-date - DataTrek

Seeking AlphaJul 11 13:38 ET

Gold Pops Above $2,400 as Tame Inflation Data Lifts Rate Cut Optimism

Seeking AlphaJul 11 11:15 ET

Gold Rises to a Seven-Week High as the Dollar and Yields Tumble After U.S. Inflation Slowed Last Month

Gold traded at a seven-week high early on Thursday, spiking back above the US$2,400 mark for the first time since May 22 after U.S. consumer prices rose less than expected last month, sending the

MT NewswiresJul 11 09:24 ET