Investor Focus on Fed's Rate Strategy Boosts Gold During Rising Inflation Gold prices rose modestly, rebounding from a 2% drop last week, in anticipation of the upcoming Federal Reserve meeting expected to maintain a policy of high interest rates for an extended period. Despite the broader anticipation of rate cuts this year diminishing due to recent inflation data, gold has gained over 13% this year, reaching record highs earlier this month. The upcoming U.S. jobs report will also play a crucial role in shaping market expectations. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts UBS: Silver Poised to “Dramatically” Outperform Gold This Year READ MORE Optimistic Shift in U.S. Economic Outlook Despite Ongoing Challenges READ MORE U.S. Bankruptcies Experience Significant Increase in 2023, Expected to Rise Further in 2024 READ MORE China’s Gen Z Gives Gold a Boost READ MORE Ukraine's Air Defense Plea Intensifies After Devastating Missile Strike READ MORE Add a Comment Cancel replyYour email address will not be published.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