Gold Prices Dip Despite Growing Rate Cut Expectations Gold prices experienced a slight decline in Asian trading on Monday, despite increased expectations for U.S. interest rate cuts. The precious metal remained within its June trading range, showing limited response to a weakening dollar. Traders are awaiting further economic cues and insights from the Federal Reserve, including a speech by Fed Chair Jerome Powell and the release of June meeting minutes. While the prospect of lower interest rates typically supports gold prices, the market’s reaction has been muted, reflecting ongoing uncertainty in the economic outlook. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Stacking Gold Bars in BullionStar’s Vault READ MORE Investor Alert: Double Top Pattern & The Looming Financial Crisis READ MORE ECB Resists Market Pressure for Interest Rate Cuts READ MORE Mortgage Rates Rise in Early 2024, Homebuying Challenges Persist READ MORE WAKE UP CALL: "There's Still Time To Prepare…BUT NOT LONG" – Mike Maloney READ MORE Add a Comment Cancel replyYour email address will not be published.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