Gold finds a floor amid Fed uncertainty, but breakout will only come in 2026 - BCA’s Ibrahim
From kitco.com
The gold market’s heightened focus on U.S. interest rates and the U.S. dollar has created renewed volatility and could keep prices contained through year-end, according to one market strategist. In a recent interview with Kitco News, Roukaya Ibrahim, Chief Commodity Strategist at BCA Research, said she is neutral on gold for the next three months due to uncertainty surrounding the Federal Reserve’s monetary policy. Gold has struggled to attract new bullish momentum as markets have started to price out a rate cut next month. Expectations were pared back after Federal Reserve Chair Jerome Powell said that a December ...
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