Key Points
(Reuters) Gold prices rose on Thursday after hitting a record high in the previous session, as the U.S. Federal Reserve delivered a super-sized interest rate cut...
Spot gold rose 0.5% to $2,571.40 per ounce, as of 0543 GMT after scaling a record high of $2,599.92 on Wednesday...
U.S. gold futures edged 0.1% down to $2,595.90...
Gold prices are idling near yesterdays closing price as markets digest the seesaw volatility in the wake of the Fed rate decision, said Ilya Spivak, head of global macro, Tastylive...
Softening economic data could be catalysts for higher gold prices, said Kelvin Wong, OANDAs senior market analyst for Asia Pacific...
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