Unearthed Podcast

World Gold Council

Unearthed: Gold Prices Respond to U.S. Unemployment and Rate Cut Cycle

In this episode of "Unearthed," John and Joe discuss the recent U.S. Nonfarm Payrolls report and its impact on the gold market.

Publication date time
8 months 3 weeks ago

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Juan Carlos Artigas

Global Head of Research World Gold Council

The Fed cuts rates, increasing gold’s allure

The US Federal Reserve (Fed) announced an emergency 50bp rate cut yesterday, bringing the Fed funds rate down to a 1-1.25% range, in response to ongoing concerns about the potential impact of the coronavirus outbreak to the global economy. Treasury bond rates followed suit, with the 10-year note hovering 1% at the time of writing – an all-time historical low

Publication date time
5 years 3 months ago

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