Gold has provided a better return on investment than the S&P 500 in 2024 and since the turn of the millennium.

Gold pulled back from a record high after Federal Reserve Chairman Jerome Powell signaled policymakers aren’t in a rush to aggressively lower interest rates following Wednesday’s half percentage point cut by the US central bank.

Gold’s relentless rally got an added jolt this week from the Federal Reserve’s long-awaited interest-rate cut, but some analysts are beginning to wonder if the pool of potential buyers could begin to run dry.

NZX-listed miner Santana Minerals receives a further boost from Fed rates cut, increasing prospective value of Bendigo mine to $12b The post Gold shines brightly in the wake of interest rate cuts appeared first on Newsroom.