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Gold always rallies when the Fed cuts rates in a stubborn inflationary environment

From kitco.com

Even with some selling pressure, the gold market has managed to stand its ground, with prices remaining near recent all-time highs and within striking distance of $3,700 an ounce. The question many investors are now asking is: how much further can this run go? According to the latest commentary from Bank of America, gold remains on pace to reach $4,000 by the second quarter of 2026. While gold may appear overstretched in the near term, BoA believes the market remains well supported as the Federal Reserve looks to ease interest rates amid elevated inflation pressures. “The Fed usually takes a balanced approach to its ... (full story)

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  • Category: Fundamental Analysis