Gold looks to extend record-setting run beyond $3,950 amid Fed rate cut bets
Gold (XAU/USD) continues scaling record highs through the first half of the European session on Monday and seems poised to appreciate further amid a supportive fundamental backdrop. The growing acceptance that the US Federal Reserve (Fed) will lower borrowing costs two more times this year has been a key factor behind the non-yielding yellow metal’s …
Gold looks to extend record-setting run beyond $3,950 amid Fed rate cut bets Read More »