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Gold closes best quarter in more than eight years on rate cut optimism, Middle East risks

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Sep. 30, 2024 6:35 PM ETSPDR® Gold Shares ETF (GLD), GDXIAU, SLV, SIL, SGOL, SIVR, GDXJ, PHYS, PSLV, NUGT, OUNZ, SILJ, BAR, GLDM, AAAU, XAGUSD:CUR, XAUUSD:CURBy: Carl Surran, SA News Editor

monsitj/iStock via Getty Images

Gold futures eased on Monday but finished Q3 with the strongest quarter since Q1 2016 in a historic rally driven by optimism over the potential for further U.S. interest rate cuts and demand for safe-haven assets due to heightened Middle East



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