Title: Financial Analysts Estimate Gold Might Reach $3,000 Propped up by Rate Cuts
Post by: Bitcoin on Aug 20, 2024, 07:05 am
Post by: Bitcoin on Aug 20, 2024, 07:05 am
Financial Analysts Estimate Gold Might Reach $3,000 Propped up by Rate Cuts
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 […]
Source: Financial Analysts Estimate Gold Might Reach $3,000 Propped up by Rate Cuts (https://news.bitcoin.com/financial-analysts-estimate-gold-might-reach-3000-propped-up-by-rate-cuts/)
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 […]Source: Financial Analysts Estimate Gold Might Reach $3,000 Propped up by Rate Cuts (https://news.bitcoin.com/financial-analysts-estimate-gold-might-reach-3000-propped-up-by-rate-cuts/)