Record-Breaking Gold Rally Pauses as Market Eyes Fed Signals Gold prices have paused after reaching record highs, as investors await signals from the Federal Reserve regarding potential interest rate cuts. The market is consolidating ahead of the release of Fed meeting minutes and a speech by Chair Jerome Powell. Despite a weakening dollar and lower Treasury yields, gold has retreated slightly from its all-time peak but remains above $2,500 per ounce. Analysts expect continued rate cuts and predict gold prices could rise further, potentially reaching $3,000. Factors supporting gold’s strong performance include geopolitical tensions, U.S. election uncertainty, Chinese investor demand, and expectations of a weaker U.S. dollar. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Inflation Eases, But Its Impact Lingers in American Lives READ MORE Middle East Tensions Propel Gold and Silver Prices READ MORE Economic Enigma: Why Rising Rates Haven't Sunk the US Economy READ MORE African Nations Turn to Precious Metal to Combat Inflation READ MORE Oil Prices Slide as Fed Signals Longer High Rate Environment READ MORE Add a Comment Cancel replyYour email address will not be published.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