Gold prices began the week on an upward trajectory, bolstered by dovish remarks from a prominent figure within the US Federal Reserve. Christopher Waller, a Fed Governor, reiterated his stance that the central bank should initiate interest rate cuts as early as July. He advocated for significant reductions of 125-150 basis points, aiming to bring the key interest rate to a “neutral” level of approximately 3%. Waller’s reasoning hinges on the latest inflation data, which, despite existing US tariffs, has remained moderate. Gold may rise While Waller’s comments are unlikely to sway the Fed’s immediate decision on ... (full story)