Gold prices surged to a four-week high on weaker US private employment data, raising expectations of Fed rate cuts.
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With that in mind, here are three ASX gold stocks that Bell Potter has named as best buys for the year ahead: The first ASX gold stock that the broker is bullish on is Genesis Minerals.
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Gold finds support at $2,630 but remains capped ahead of the Fed’s decision. The market is bracing for a Fed “hawkish cut” that might boost the US Dollar and weigh on Gold. XAU/USD remains ...
(Bloomberg) -- Gold fell to the lowest price in a month after the Federal Reserve reduced interest rates and forecast less monetary easing for 2025. US policymakers lowered their benchmark ...