Gold Faces Complex Scenario as Rate-Cut Expectations and Fed Pushback Loom
Gold prices started Monday’s session slightly higher before easing off their best levels at the time of writing. The yellow metal is facing a complex scenario amid rising rate-cut expectations and a potential pushback by the Federal Reserve. The rates market has priced in aggressive rate cuts for the near future, and if the Fed pushes back against those expectations, it could undermine gold. However, the long-term outlook for gold remains bright, making it an asset worth watching.
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