{"id":130451,"date":"2024-11-08T14:14:46","date_gmt":"2024-11-08T14:14:46","guid":{"rendered":"https:\/\/www.africa-press.net\/kenya\/all-news\/gold-prices-climb-following-feds-rate-cut"},"modified":"2024-11-08T14:24:12","modified_gmt":"2024-11-08T14:24:12","slug":"gold-prices-climb-following-feds-rate-cut","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/all-news\/gold-prices-climb-following-feds-rate-cut","title":{"rendered":"Gold prices climb following Fed’s rate cut"},"content":{"rendered":"

Africa-Press – Kenya. <\/strong><\/span>Gold prices, which eased following the US presidential election, bounced back after the US Federal Reserve’s interest rate cut Thursday.<\/p>\n

The Fed lowered its policy interest rate by 25 basis points in its second consecutive rate cut.<\/p>\n

The ounce price of gold was around $2,705 as of 2100 GMT, up 1.72% on a daily basis.<\/p>\n

Last week, it was over $2,740. But after the US presidential election on Tuesday, gold prices per ounce dropped to $2,650.<\/p>\n

The price of silver per ounce rose by 2.58% on Thursday.<\/p>\n

For More News And Analysis About Kenya Follow Africa-Press<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Kenya. Gold prices, which eased following the US presidential election, bounced back after the US Federal Reserve’s interest rate cut Thursday. The Fed lowered its policy interest rate by 25 basis points in its second consecutive rate cut. The ounce price of gold was around $2,705 as of 2100 GMT, up 1.72% on […]<\/p>\n","protected":false},"author":84,"featured_media":130450,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[4625,544,10829,9234],"class_list":["post-130451","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-gold","tag-kenya","tag-silver","tag-us-federal-reserve"],"yoast_head":"\nGold prices climb following Fed's rate cut - kenya<\/title>\n<meta name=\"description\" content=\"Gold prices, which eased following the US presidential election, bounced back after the US Federal Reserve's interest ra ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/kenya\/all-news\/gold-prices-climb-following-feds-rate-cut\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gold prices climb following Fed's rate cut\" \/>\n<meta property=\"og:description\" content=\"Gold prices, which eased following the US presidential election, bounced back after the US Federal Reserve's interest ra ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/kenya\/all-news\/gold-prices-climb-following-feds-rate-cut\" \/>\n<meta property=\"og:site_name\" content=\"kenya\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-08T14:14:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-08T14:24:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2024\/11\/sm_1731063201.356535.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"405\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/gold-prices-climb-following-feds-rate-cut#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/gold-prices-climb-following-feds-rate-cut\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Gold prices climb following Fed’s rate cut\",\"datePublished\":\"2024-11-08T14:14:46+00:00\",\"dateModified\":\"2024-11-08T14:24:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/gold-prices-climb-following-feds-rate-cut\"},\"wordCount\":101,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/gold-prices-climb-following-feds-rate-cut#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2024\/11\/sm_1731063201.356535.jpg\",\"keywords\":[\"gold\",\"Kenya\",\"silver\",\"US Federal Reserve\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/all-news\/gold-prices-climb-following-feds-rate-cut#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/gold-prices-climb-following-feds-rate-cut\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/gold-prices-climb-following-feds-rate-cut\",\"name\":\"Gold prices climb following Fed's rate cut - 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