{"id":87790,"date":"2024-04-01T01:33:43","date_gmt":"2024-04-01T05:33:43","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=87790"},"modified":"2024-04-01T01:33:41","modified_gmt":"2024-04-01T05:33:41","slug":"gold-prices-hit-another-record-high-on-fed-cut-expectations","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2024\/gold-prices-hit-another-record-high-on-fed-cut-expectations.html","title":{"rendered":"Gold prices hit another record high on Fed cut expectations"},"content":{"rendered":"\n<p>CNBC) Gold prices extended their rally and scaled to another record high on Monday, propelled by U.S. interest rate cut expectations and the metal\u2019s appeal as a safe haven asset. <a href=\"https:\/\/www.cnbc.com\/quotes\/XAU=\/\">Spot gold<\/a> added 1.32% to trade at $2,265.53 per ounce.<a href=\"https:\/\/www.cnbc.com\/quotes\/@GC.1\/\"> U.S. gold futures<\/a> rose more than 2% to trade at $2,286.39 per ounce. \u201cI think it\u2019s a really exciting moment in gold,\u201d said Joseph Cavatoni, market strategist at the World Gold Council. \u201cWhat\u2019s really driving it is, I think, many market speculators really getting that confidence and comfort [in] the Fed cuts.&#8221;<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/04\/01\/gold-prices-hit-new-record-high-on-fed-cut-expectations.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CNBC) Gold prices extended their rally and scaled to another record high on Monday, propelled by U.S. interest rate cut expectations and the metal\u2019s appeal as a safe haven asset. Spot gold added 1.32% to trade at $2,265.53 per ounce. [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-87790","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=87790"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87790\/revisions"}],"predecessor-version":[{"id":87791,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87790\/revisions\/87791"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=87790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=87790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=87790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}