Predictions

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Gold’s Bull Rally Continues as Interest Rates Get Deep Cuts

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The gold bull rally continued this Wednesday, as prices in COMEX reached all-time highs, surpassing $2,625 per ounce. Prices slingshotted up after the Federal Reserve announced larger interest rate cuts than some economists expected, lowering the rate by 50 basis points. This behavior had already been predicted by several analysts and institutions, who also expect … Read more

Financial Analysts Estimate Gold Might Reach $3,000 Propped up by Rate Cuts

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Several financial analysts predict that gold prices will continue to gain ground, supported by forecasts that the Federal Reserve will cut interest rates later this year. According to Patrick Yip of American Precious Metals, the $3,000 mark could be reached as soon as next year if geopolitical issues and central bank demand persist. Financial Analysts … Read more

Fedwatch Tool and Polymarket Point to Highly Probable Rate Cuts by the Fed

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Following the recent volatility in global equity markets, some analysts suggest that the U.S. Federal Reserve might implement an emergency rate cut before September. In addition, market predictions are leaning toward a rate cut at the September Federal Open Market Committee (FOMC) meeting. The key question is the extent of this cut. According to CME’s … Read more