Gold hits record all-time high and mega merger boosts metal's outlook
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In an historic week for the precious metals market, gold futures have shattered records, breaching the $2600 per troy ounce threshold for the first time. On Saturday mining audiences manager Michael McCrae recorded Kitco Roundtable. Market are pivoting their attention to next week's Federal Open Market Committee (FOMC) meeting. This gathering is poised to be one of the year's most consequential, with widespread anticipation of the first interest rate cut since 2020. The consensus am...
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Financial markets ended the week on strong footing as stocks, gold, and Bitcoin all trended higher, with the S&P besting its previous all-time high by a hair, while gold bulls stampeded their way above $2,700/oz for the first time in history.On Saturday mining audiences manager Michael McCrae...
Published 10/19/24
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