50-Point Rate Cut Back on the Table — Gold Hits Record Highs The dollar weakened and gold reached a record high as investors reassessed the likelihood of a significant interest rate cut by the Federal Reserve next week. Reports from major financial publications suggested the decision could be closer than previously thought, causing a shift in market expectations. This led to a rally in stocks, Treasury prices, and commodities, while the dollar fell to its lowest point this year against the yen. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Inverted Yield Curve Signals Caution, But Economic Strength Defies Predictions READ MORE How Lower Rates and Central Bank Moves Propel Gold’s Surge READ MORE Citigroup and BofA Bullish on Gold: Analysts Predict 25% Surge to $3,000 READ MORE U.S. Wholesale Inflation Steady at 0.2% in August, Core Prices Edge Higher READ MORE Silver Market Teeters on Edge as Volatility Drops Prices READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment