Gold rate outlook: Prices may consolidate; but Fed rate-cut hopes keep bias positive, say analysts

Gold prices are poised for consolidation, yet a positive bias persists amid growing anticipation of a US Federal Reserve rate cut in September. Upcoming US macro data and Fed officials' speeches will be crucial in shaping monetary policy and influencing gold's trajectory. Geopolitical and trade developments, including Russia-Ukraine peace talks and tariffs, will also be closely monitored by investors.

from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/vqyVTQI

Post a Comment

Previous Post Next Post