Gold Price Surges as Fed Rate Cut Bets Soar, Bolstered by Global Factors
Gold (XAU/USD) prices continued their upward trajectory on Friday, reaching the $2,360s as optimism about potential Federal Reserve (Fed) rate cuts and a weakening US Dollar (USD) fueled investor demand. This surge reflects a growing belief that the Fed may pivot towards a more dovish monetary policy sooner than anticipated. Market Drivers: Rate Cut Expectations […]
